Technical
Financial
Distress signals
Property profile

1750 Commerce Dr Piqua, OH 45356

OFF-MARKET
Industrial properties
Property ID
US66-1597710
45,900 SF 5.63 ac lot Built 1984
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 50,100 square foot industrial property, located at 1750 Commerce Drive in Piqua, Ohio, presents a unique opportunity for businesses seeking flexible and expansive space. The property consists of two buildings totaling 50,100 square feet, offering a minimum divisible space of 12,320 square feet and the potential to lease the entire 50,100 square feet contiguously. Built in 1984 and renovated in 1994, the property features high ceilings ranging from 17'6" to 22'7", catering to diverse operational needs. The property boasts excellent loading capabilities with three loading docks and two dock-high doors, complemented by three drive-in doors for convenient access. Ample parking is available with 31 spaces. The property is zoned M1-Light Industrial and sits on a generous 5.628-acre lot in Miami County (zip code 45356). Electrical service includes 3-phase, 480/277-volt power. The property is currently fully vacant and ready for immediate occupancy. This versatile space is ideal for a variety of industrial and executive office uses, offering a combination of warehouse, manufacturing, and office space. The property's size, features, and location make it an attractive option for businesses seeking a strategic presence in Piqua, Ohio.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1984
Total area 45,900 SF
Lot 5.63 ac (245,156 SF)
APN N44-100525
UPID US66-1597710

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
  • Factory Production Facility

Location

1750 Commerce Dr Piqua, OH 45356-2602
Piqua metro Census 315002 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.26M
Blend (final) Blend
$1.07M

Owner & transaction history

since 2024
Last sale
$2.4M
3 recorded transactions
2024
$2.4M
2023
Price N/A
2021
$1.2M

Zoning & alternative use

Top alternative use upside
Warehouse, storage $2.9M +72.8%
Retail stores $2.1M +26.7%

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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