Technical
Financial
Distress signals
Property profile

1222 Patterson Blvd Dayton, OH 45402

OFF-MARKET
Medical Office Space
Property ID
US66-6255704
76,769 SF 4.43 ac lot Built 1993
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A medical office building, the Wright Health Building, offers 75,120 square feet of space in a single, four-story building located at 1222 S Patterson Blvd, Dayton, OH 45402. Constructed in 1993, the building boasts two passenger elevators and ample on-site parking. Currently, there is 6,631 square feet of vacant space available for lease within this multi-tenant building. The building features an electronic directory for easy navigation. Its strategic location in Dayton's desirable submarket offers convenient access to major thoroughfares, including I-75, and is situated near prominent institutions such as Miami Valley Hospital and the University of Dayton. This property presents a unique opportunity for medical practices seeking a well-maintained, conveniently located, and highly visible space in a thriving area of Montgomery County. The building's prime location and modern amenities make it an attractive option for businesses seeking a professional and efficient workspace. Lease terms are competitive.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1993
Total area 76,769 SF
Lot 4.43 ac (193,145 SF)
APN R72 03007 0006
UPID US66-6255704

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Dental Office
  • Medical Clinic
  • Medical Clinic
  • Physician

Location

1222 Patterson Blvd Dayton, OH 45402-2684
Dayton metro Census 3404 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.15M
Blend (final) Blend
$5.89M

Owner & transaction history

since 2018
5 recorded transactions
2018
$10.5M
2016
Price N/A
2007
$10.0M
2005
$8.2M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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