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    FOR LEASE
    Investment properties

    15 Southmoor Cir NE, Dayton, OH 45429

    7,903 SF 0.25 ac lot Built 1964
    Trust Owned 15-yr Hold Free & Clear
    Property ID
    US66-2466964
    Property summary
    AI-generated overview

    This 7,400 square foot, free-standing Class C medical office building in Kettering, Ohio, is fully vacant and ready for immediate occupancy. Located at 15 Southmoor Cir NE, near the intersection of Stroop Road and Far Hills Avenue, this property offers excellent visibility and accessibility. The building, constructed in 1967, features one building with an elevator and sits on a 7.5-acre lot. Multiple suites are available, ranging in size from approximately 1,000 to 1,965 square feet. The property is zoned Class O and has a lease rate of $14 per square foot, NNN. Parcel ID's are N64 00604 0013 and 0014. An adjacent property at 3910 Far Hills Ave is also available for lease. This presents a unique opportunity for a medical practice or other professional business seeking a prominent location in a desirable area of Montgomery County. The entire building is currently available, offering flexibility for a single tenant or the potential to subdivide the space. This property offers a combination of size, location, and potential for customization, making it an attractive investment opportunity.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1964
    Construction WOOD
    Total area 7,903 SF
    Lot 0.25 ac (10,912 SF)
    APN N64 00604 0014
    UPID US66-2466964
    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
    • Laura Valle Midwife
    • Robert G Glaser & Associates Medical Clinic
    • Willow Women's Health Medical Clinic
    • Jill Patton Physician
    • Linda E. Mead, MA Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mershad Edmund M & L A Trust · 15 yrs held
    Mershad Edmund M & L A Trust
    since 2010
    2 recorded transactions
    2010
    2008
    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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