Financial
Distress signals
Property profile

875 Center Dr Vandalia, OH 45377

FOR SALE
Other warehouses
Property ID
US66-1773774
101,220 SF 8.2 ac lot Built 1987
Last sale Jan 2026 · $5,280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Industrial facility totaling approximately 96,093 square feet, including about 10,424 square feet of office space over two floors (approximately 8,170 square feet on the first floor and 2,254 square feet on the second floor) and approximately 87,923 square feet of warehouse/manufacturing space. The warehouse area is designed with a 21-foot clear height, 40-foot by 40-foot column spacing, and 9 dock doors with an ability to expand to 14, plus 1 drive-in door. The truck court provides a depth of

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$55k
Tax billed · 2023
Assessed value$748k
Assessed land$151k
Assessed improvement$597k
Effective rate7.35%

Value estimate

· Sep 2026
$660k
$594k – $726k
Submarket $/SF estimate$2.80M
NOI build-up
Gross scheduled income$804k
Vacancy & credit loss−$51k
Operating expenses−$113k
NOI · 9.14% cap applied$640k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$37/SF
County average, outlier-cleaned · 240 recorded sales of this use type
Observed band · Q1–Q3$18 – $67

Cap rate analysis

How does the asset earn?
9.14%
$640k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.6
Building Supply27.8
Restaurant26.2

Location

875 Center Dr Vandalia, OH 45377
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
800 Ctr, Vandalia, OH 45377-3130 $1,897,200 Oct 2024 29,104 SF
985 Fls Crk, Vandalia, OH 45377-9686 $8,512,500 Mar 2023 119,086 SF
815 Brown School, Vandalia, OH 45377-9632 $1,750,000 Jul 2022 47,776 SF
830 Scholz, Vandalia, OH 45377-3122 $756,000 Apr 2021 38,906 SF
1170 Industrial Park, Vandalia, OH 45377-3120 $725,000 Jul 2020 57,998 SF
700 Xrds, Vandalia, OH 45377-9675 $6,450,000 Jan 2019 184,413 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message