Entity Owned 
For Lease
1 / 52
$12 SF/Yr
1890 Commerce Center Blvd, Fairborn, OH 45324
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Property summary
AI-generated overview
This exceptional Class A office building, located at 1890 Commerce Center Blvd in Fairborn, Ohio, offers 8,889 square feet of immediately available executive office space. Built in 2000 and extensively renovated in 2017, the property boasts a modern aesthetic and high-quality finishes. The building is situated on a generous 2.3-acre lot, providing ample parking that has recently been sealed and restriped. The space is currently entirely vacant and divisible to a minimum of 1,873 square feet, with one suite currently marketed at 1,340-1,873 square feet. Convenient amenities include shared restrooms, a break room, and a kitchenette. The owner is open to discussing build-outs to customize the space to meet specific tenant requirements. This property is ideally suited for businesses seeking a prestigious and functional office environment in Greene County, Ohio, with easy access to major transportation routes. The property's address is 1890 Commerce Center Blvd, Fairborn, OH 45324. The building is classified as a Multiple Tenancy property.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2000
Total area
14,163 SF
Lot
2.31 ac (100,536 SF)
Zoning code
PD-4
APN
A02-0002-0047.0-0008.00
UPID
US66-1644938
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
-
(Bike/Boat/Book/etc) Store
-
Vocational School Training Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$552k
Blend (final)
Blend
$275k
Owner & transaction history
since 2000
1 recorded transaction
Zoning & alternative use
PD-4 · Fairborn, OH
Top alternative use upside
Medical building
$970,000
+1.1%
Commercial (general)
$965,000
+0.5%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$275k
Value range
$248k – $303k
±10% around blend
Estimated value / SF
$19 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
40
Income certainty
100
$248k
blend $275k
$303k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,163 SF
Lot area
2.31 ac
Year built
2000
APN
A02-0002-0047.0-0008.00
Zoning
PD-4
Assessed value
$313,220
Annual tax
$18,266
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$18,266
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.10M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.9 mi away · 12,561 SF
12.2 mi away · 9,944 SF
16.8 mi away · 13,097 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$275k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 62 sales
$68
-71%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $19/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+1%
vs current-use indication
Commercial (general)
Office Building · current use
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.66M
Move the market yield to see immediate price impact.
Value / SF
$188
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$168k
$3.36M
$2.40M
$1.86M
$186k
$3.73M
$2.66M
$2.07M
$205k
$4.10M
$2.93M
$2.28M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$1.02M
7.2 mi · Dec 2025 · $93/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,266
Tax year 2023
Assessed value
$313,220
Assessed 2023
Previous assessed
$313,220
+0.0% YoY
Effective rate
5.83%
On assessed value
Assessed land
$36,350
Assessed improvement
$276,870
Land market value
$103,870
Improvement market value
$791,060
Total market value
$894,930
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
2000
Heating
NONE
Total area
14,163 SF
Lot
2.31 ac (100,536 SF)
Zoning code
PD-4
APN
A02-0002-0047.0-0008.00
UPID
US66-1644938
Jurisdiction
GREENE
Zoning & alternative use
PD-4 · Fairborn, OHZoning PD-4 · permitted uses
PD-4 · Fairborn, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Lot
2.31 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PD-4
Jurisdiction
Fairborn, OH
Recorded code
PD-4
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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