1180 Alex Bell Rd Centerville, OH 45459
This exceptional 12,142-square-foot single-story building presents a rare investment opportunity in the highly desirable Centerville, Ohio market. Situated on a 6.67-acre lot with 932 feet of frontage along East Alex-Bell Road (SR 725), this property boasts unparalleled visibility and accessibility. The building is currently zoned R1B and offers ample parking with 97 spaces, already equipped for ADA compliance. The property's location benefits from exceptional daily traffic counts exceeding 20,000 vehicles at the nearby intersection of Alex-Bell and Clyo Roads. Its strategic position within Centerville, near Washington Township, Bellbrook, Kettering, Beavercreek, and Springboro, places it within Dayton's most sought-after demographics. The building is ideal for a variety of uses, including religious institutions, schools, government offices, or daycare facilities. Expansion possibilities exist, and the City of Centerville offers collaborative opportunities for build-to-suit projects. Key nearby landmarks include Miami Valley Hospital South and Sinclair Community College South Campus, further enhancing the property's value and appeal. The asking price is $1,850,000, with a price per square foot of $152.36. The net rentable square footage is 11,402 square feet, and the occupancy date is June 1, 2023.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.