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Property profile & analytics
FOR SALE
Flex space

1255 Archer Dr Troy, OH 45373

116,637 SF 6.69 ac lot Built 1966
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-2076935
Property summary
AI-generated overview

This exceptional 122,000-square-foot industrial property in Troy, Ohio, presents a compelling investment opportunity. Situated on a 6.69-acre lot, this facility boasts a versatile layout ideal for distribution, warehousing, or manufacturing operations. Built in 1966, the building features 10 dock-high doors and 3 drive-in doors, ensuring efficient loading and unloading. The clear ceiling height ranges from 15 to 16.5 feet, providing ample vertical space. The property includes approximately 10,000 square feet of recently remodeled office space. Power is robust, with 480V, 1,000 kVA and 2,000 kVA service, supported by buss ducts throughout. Additional features include LED lighting, a 7-ton bridge crane, and two air compressors. While the property does not have a sprinkler system, its other attributes make it a highly attractive option for a variety of industrial uses. The asking price is $4,880,000, translating to $40 per square foot. This property is located at 1255 Archer Dr, Troy, OH 45373.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1966
Total area 116,637 SF
Lot 6.69 ac (291,416 SF)
APN D08-056525
UPID US66-2076935
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Faurecia Exhaust Systems Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.71M
Blend (final) Blend
$2.16M
Owner & transaction history
Lido Archer Drive LLC · 1 yrs held
Lido Archer Drive LLC
since 2025
Last sale
$2.1M
2 recorded transactions
2025
Price N/A
2025
$2.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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