Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1200 Ash St Piqua, OH 45356-4160

    • Retail properties
    • 116,000 SF
    • 14.56 lot acres
    OFF-MARKET
    Value Estimations
    $780,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1870399
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Truck Rental Center at The Home Depot / Truck Rental Agency / Van Rental Agency
    • The Home Depot / Appliance Store / Bathroom Supply Store
    • Garden Center at The Home Depot / Garden Center / Fence Supply Store
    • Pro Desk at The Home Depot / Building Materials Store / Dry Wall Supply Store
    • Home Services at The Home Depot / Contractor / Electrician

    Property Details for 1200 Ash St

    Year built
    2001
    Lot size
    14.56 lot acres
    Property size
    116,000 SF
    Property type
    Retail properties
    APN
    N44-072725
    APU
    N44072725

    Description

    Miami Valley Crossing offers exceptional retail space in a prime location at the intersection of I-75 (52,000 vehicles per day) and State Route 36 (19,000 vehicles per day) in northern Miami County. This one-story, 162,893 square foot strip center provides excellent visibility and signage opportunities. Three spaces are currently available, ranging from 3,440 to 4,080 square feet, ideal for a variety of retail uses. The center benefits from a strong tenant mix, including national retailers such as Walmart Supercenter, Home Depot, Maurice's, Bath & Body Works, Shoe Sensation, Jo Ann Fabrics, H&R Block, Goodwill, and Dollar Tree, ensuring high foot traffic and brand synergy. The surrounding area also features a diverse range of businesses, including Planet Fitness, Aldi, Harley Davidson, Aaron's, numerous quick-service restaurants, and a newly built Kettering Health Network Hospital, further enhancing the location's appeal. Miami Valley Crossing serves a large population base, encompassing Piqua, Troy, Sidney, Greenville, and Urbana, making it an excellent choice for businesses seeking to establish or expand their presence in the northern Dayton MSA. The center's strategic location and impressive tenant roster provide a compelling opportunity for significant retail success.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $780,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Piqua
    County
    Miami
    State
    Ohio
    Longitude
    -84.2151
    Latitude
    40.1526
    CBSA code
    19430
    CBSA name
    DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $106,731
    $160,440
    $1,657,290
    $1,817,730
    -
    $458,400
    $4,735,100
    $5,193,500

    Comparable in this City

    • Value Estimation by Request
      5,800 SF

      115 Staunton St

      Medical offices • 5,800 SF
      115 Staunton St, Piqua, OH 45356
      View Details
    • Value Estimation
      $310,000
      9,167 SF

      607 Water St

      DEPARTMENT STORE • 9,167 SF
      607 Water St, Piqua, OH 45356-2157
      View Details
    • Value Estimation
      $615,000
      189,009 SF

      1300 Ash St

      DEPARTMENT STORE • 189,009 SF
      1300 Ash St, Piqua, OH 45356-4100
      View Details
    • Value Estimation by Request
      16,104 SF

      1555 Covington Ave

      Neighborhood centers • 16,104 SF
      1555 Covington Ave, Piqua, OH 45356
      View Details
    • Value Estimation by Request
      5,800 SF

      115 Staunton St

      Medical space • 5,800 SF
      115 Staunton St, Piqua, OH 45356
      View Details
    • Value Estimation by Request
      9,600 SF

      1225 Ash St

      Neighborhood centers • 9,600 SF
      1225 Ash St, Piqua, OH 45356
      View Details

    Similar Nearby for Sale

    • $395,000
      7,000 SF

      Prime Piqua Medical Office Building

      7,000 SF Medical Office - $395,000
      9159 County Road 25A, Piqua, OH 45356
      View Details
    • $260,000
      5,800 SF

      Prime Piqua Mixed-Use Building

      Renovated 5,800 SF, High-Traffic Location
      115 Staunton St, Piqua, OH 45356
      View Details
    • $545,000
      4,348 SF

      Renovated Retail Property with Showroom

      Retail property featuring a showroom, renovated building, and fenced lot.
      5290 N County Road 25A, Piqua, OH 45356
      View Details
    • $299,900
      Pending

      Mixed-Use Buildings in Piqua, Ohio

      Two buildings with commercial space and residential units, income potential.
      600 N Main St, Piqua, OH 45356
      View Details
    • $180,000

      Gas Station with Lottery Business

      Gas station with real estate and established lottery business.
      200 N Sunset Dr, Piqua, OH 45356
      View Details
    • $3,205,000
      6,500 SF

      Olive Garden Investment Opportunity

      Corporately backed Olive Garden with a brand-new 10-year lease.
      980 E Ash St, Piqua, OH 45356
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      5,800 SF

      Prime Piqua Medical Office Building

      5,800 SF Medical/Retail Office in Ohio
      115 Staunton St, Piqua, OH 45356
      View Details
    • Contact for pricing
      20,109 SF

      Prime Piqua Retail Space Available

      20,000+ SF Retail, Multiple Units
      1510 Covington Ave, Piqua, OH 45356
      View Details
    • $15 SF/Yr
      3,789 SF

      Neighborhood Retail Center Space Available

      Retail space for lease in a neighborhood shopping center.
      1555-1579 Covington Ave, Piqua, OH 45356
      View Details
    • $22 SF/Yr
      9,600 SF

      Prime Piqua Retail Center

      1,200 SF Retail Space Available
      1225 Ash St, Piqua, OH 45356
      View Details
    • $15 SF/Yr
      16,104 SF

      Covington Plaza Retail Center

      Prime Piqua, OH Strip Center
      1555 Covington Ave, Piqua, OH 45356
      View Details
    • $21 SF/Yr
      3,440 SF

      Retail Space in Miami Valley

      Retail space available in a high-traffic shopping center.
      1254-1282 E Ash St, Piqua, OH 45356
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1200 Ash St
    Piqua, OH 45356-4160
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.