5963 Kentshire DrKettering, OH 45440

Property Details for 5963 Kentshire Dr

Year built

1995

Construction

WOOD

Lot size

0.98 AC

Property size (Sq ft)

5,304 SF

Property type

Office properties

Property subtype

Office buildings

APN

N64 04202 0005

APU

N64042020005

Description

This 1,650 square foot office space is located in the desirable Kettering/Centerville area of Montgomery County. The single-story, 5,200 square foot building, constructed in 1995 and fully renovated in 2022, offers a contemporary and well-appointed space with ample parking (10 spaces). The suite features a private entry, lobby with a built-in reception desk, a glass corner office/waiting area, accessible men's and women's restrooms, and storage closets. Eight large, partially partitioned offices each have dedicated power and data drops, finished cabinetry with built-in shelving, high ceilings with suspended LED and recessed lighting, and neutral carpet and paint. The space boasts a 10-foot ceiling height. The property is zoned Commercial-Office (APN: N64 04202 0005) and sits on one acre of land. The lease rate is $12 per square foot, modified gross. Tenant applications are subject to landlord approval. No tenant improvement (TI) allowance is offered, but the landlord may approve tenant-funded improvements. A property manager is on-site. The cross street is Hewitt Ave.

• CAP approach

  CAP return

  Valuation

  6%

  $838,317

  6.5%

  $773,831

  7%

  $718,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $104,436

  Geo Method

  $104,436

• Alternative Use

  Use

  Valuation

  Residential

  $959,551

  Hospitality

  $878,943

  Educational

  $731,270

  Medical

  $756,420

  Retail

  $1,137,532

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.6591

Longitude

-84.1322

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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