Technical
Financial
Distress signals
Property profile

2800 Indian Ripple Rd Dayton, OH 45440

OFF-MARKET
Industrial properties
Property ID
US66-1997427
24,940 SF 15.99 ac lot Built 1965
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The Russ Technology and Innovation Center offers exceptional flex space for lease in Beavercreek, Ohio. This newly renovated (2024) facility, located at 2800 Indian Ripple Rd, comprises eight buildings totaling 194,534 square feet on a 29-acre lot (APN: B03-0001-0023-0-0015-00). The property features ample loading docks (2) and drive-ins (10), catering to diverse logistical needs. Currently, six units are available, ranging from 1,787 to 3,711 square feet, each offering a blend of private offices, open laboratory space, and private bathrooms. Units boast 10-foot clear heights and robust power (1400 amp 3-phase, 120/208 Volt). The secure property includes separate electrical, gas, and water meters for each unit. The landlord is receptive to build-outs tailored to tenant specifications. This Class C property, built in 1965, benefits from recent upgrades and a prime location, making it an attractive option for businesses seeking flexible terms and competitive pricing in Greene County. The property is under new management and offers a great opportunity for various businesses. Available units include: Unit 404 (3,649.94 sq ft), Unit 701 (3,711 sq ft), Unit 702 (1,787 sq ft), Unit 703 (1,792 sq ft), Unit 704 (3,240 sq ft), and Unit 709 (3,072 sq ft).

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1965
Total area 24,940 SF
Lot 15.99 ac (696,742 SF)
APN B03-0001-0023.0-0015.00
UPID US66-1997427

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2800 Indian Ripple Rd Dayton, OH 45440-3606
Dayton metro Census 210500 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.42M
CAP Approach CAP
$3.42M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.54M

Owner & transaction history

since 2023
Last sale
$4.5M
3 recorded transactions
2023
$4.5M
2007
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $6.0M +884.6%
Medical building $4.2M +581.3%

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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