Property profile

340 Troy St Dayton, OH 45404

OFF-MARKET
Warehouses
12,000 SF 0.47 ac lot Built 1940
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Property summary

AI-generated overview

This Dayton, Ohio industrial property, located at 340 & 350 Troy St and 1418 Chapel St, offers 12,000 square feet across two buildings on a 0.47-acre lot. The property features 11,041 square feet of net rentable space, with a 14+ foot ceiling height and one 10' overhead drive-in door. Zoned MNC, it's suitable for a variety of uses, including mixed-use, office, retail, and more. The property includes 15 parking spaces and is currently untenanted, offering immediate occupancy on June 1, 2025. Built in 1940, this two-story building presents a unique opportunity for redevelopment or continued use as a flex space, manufacturing facility, or warehouse. The asking price is $349,500, or $212,000 per unit. The property is individually owned and has a gross lease type with a credit-rated tenant. The lease term is 1.1 years, expiring May 31, 2025, with no lease options or rent bumps. The property's central location provides easy access to I-75 and SR 4. The second-story space (995 usable sq ft) is currently vacant and offers additional potential. The property's configuration can be easily adapted to meet diverse business needs. Access is via a door midway down Troy Street.

Property profile

Verified
Property type Warehouses
Year built 1940
Total area 12,000 SF
Lot 0.47 ac (20,473 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

340 Troy St Dayton, OH 45404
Dayton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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