301 Kienle Dr Piqua, OH 45356
- Retail space
- 11,236 SF
- 2.54 lot acres
Current Use by Public Records
- Cornerstone Veterinary Clinic / Veterinarian
Property Details for 301 Kienle Dr
- Year built
- 1984
- Lot size
- 2.54 lot acres
- Property size
- 11,236 SF
- Property type
- Retail space
- APN
- N44-074755
- APU
- N44074755
Description
This exceptional 4,000 square foot office space, located at 301 Kienle Dr Unit B in Piqua, Ohio, presents a unique investment opportunity. Situated on a 2.5-acre lot (110,511 sq ft) with over 225 parking spaces, this single-tenant property boasts a highly visible location at a signalized intersection with major retailers like Walmart and Home Depot, ensuring significant regional draw from Miami and Northern Montgomery Counties. The building, constructed in 1984 and extensively renovated in 2023, offers a total of 10,700 square feet, with Unit B providing a 4,000 square foot raw shell space. This space features a 12-foot ceiling height, an open floor plan, and existing restrooms and plumbing. Previous tenant improvements provide a solid foundation for build-out. The property is zoned CX-Corridor Mixed Use (APN: N44074755), allowing for diverse uses. The building's exterior and facade underwent a complete renovation between 2022 and 2023, resulting in a Class A+ appearance. Access is available from both Kienle Drive and Garbry Road. The asking price is $7.50 per square foot, plus NNN charges, with incentives including up to six months of free rent available. This property offers a blend of prime location, modern amenities, and flexible space, making it ideal for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $410,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $405,000
- Geo Method
- $380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $395,000
- Retail
- $405,000
- Mixed-Use
- $370,000
- Hospitality
- $405,000
- Educational
- $445,000
- Residential Income
- $450,000
- Energy
- $430,000
- Income-Based Land
- $360,000
- Food Service
- $410,000
Location Insight
- Map
- Local Demand
- City
- Piqua
- County
- Miami
- State
- Ohio
- Longitude
- -84.2081
- Latitude
- 40.149
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA