Technical
Financial
Distress signals
Property profile

1255 Archer Dr Troy, OH 45373

FOR SALE
Flex space
Property ID
US66-2076935
116,637 SF 6.69 ac lot Built 1966
Entity Owned 1-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

1255 Archer Dr Troy, OH 45373
Troy metro Census 365302 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.71M
Blend (final) Blend
$805k

Owner & transaction history

since 2025
Last sale
$2.1M
2 recorded transactions
2025
Price N/A
2025
$2.1M

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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