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    Property profile & analytics

    2800 Indian Ripple Rd Dayton, OH 45440

    • Industrial properties
    • 24,940 SF
    • 15.99 lot acres
    For Lease
    View listing
    $5 SF/Yr
    Value Estimation
    $3,775,000
    Last Sale
    Dec 06, 2023
    $4,500,000
    Location Intelligence
    Property ID
    US66-1997427
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 2800 Indian Ripple Rd

    Year built
    1965
    Lot size
    15.99 lot acres
    Property size
    24,940 SF
    Property type
    Industrial properties
    APN
    B03-0001-0023.0-0015.00
    APU
    B03000100230001500

    Description

    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).

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,535,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,370,000
      6.5%
      $4,625,000
      7%
      $4,580,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,420,000
      Geo Method
      $3,775,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,665,000
      Retail
      $4,785,000
      Mixed-Use
      $4,360,000
      Hospitality
      $5,305,000
      Educational
      $5,155,000
      Residential Income
      $4,785,000
      Energy
      $3,945,000
      Income-Based Land
      $4,410,000
      Food Service
      $4,005,000

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.0369
    Latitude
    39.6928
    CBSA code
    19430
    CBSA name
    DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $68,875
    $106,500
    $908,840
    $1,015,340
    -
    $304,290
    $2,596,680
    $2,900,970

    Comparable in this City

    • Value Estimation
      $3,800,000
      17,259 SF

      2800 Indian Ripple Rd

      INDUSTRIAL (GENERAL) • 17,259 SF
      2800 Indian Ripple Rd, Dayton, OH 45440-3606
      View Details
    • Value Estimation by Request
      8,700 SF

      4541-4545 Gtwy Cir

      INDUSTRIAL (GENERAL) • 8,700 SF
      4541-4545 Gtwy Cir, Dayton, OH 45440
      View Details
    • Value Estimation
      $2,735,000
      12,000 SF

      4635 Gtwy Cir, Unit 4753

      INDUSTRIAL (GENERAL) • 12,000 SF
      4635 Gtwy Cir, Dayton, OH 45440-1713
      View Details
    • Value Estimation
      $2,705,000
      12,830 SF

      4601 Gtwy Cir, Unit 4623

      INDUSTRIAL (GENERAL) • 12,830 SF
      4601 Gtwy Cir, Dayton, OH 45440-1713
      View Details
    • Value Estimation
      $255,000
      4,992 SF

      4586 Gtwy Cir

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 4,992 SF
      4586 Gtwy Cir, Dayton, OH 45440-1712
      View Details
    • Value Estimation
      $260,000
      1,655 SF

      4582 Gtwy Cir

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,655 SF
      4582 Gtwy Cir, Dayton, OH 45440-1712
      View Details

    Similar Nearby for Sale

    • $1,570,260

      Development Land For Sale

      Development land available in Beavercreek, Ohio.
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    • $330,000
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      Medical Office Condo For Sale

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    • $750,000

      Land in Kettering Restaurant Row

      0.664 acre land for sale or ground lease.
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    • $699,900

      Land for Sale on Indian Ripple

      4.15 acres with frontage on Indian Ripple Road.
      Indian Ripple Rd, Dayton, OH 45440
      View Details
    • $4,900,000
      94,000 SF

      94,000 SF Multi-Use Building

      Multi-use building on a 10-acre site near I-675.
      5959 Bigger Rd, Dayton, OH 45440
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      94,000 SF

      Kettering, OH Multi-Use Building

      94,000 SF, 10-acre lot, high potential.
      5959 Bigger Rd, Kettering, OH 45440
      View Details
    • $4,250 /Mo
      950 SF

      Warehouse Space with Overhead Door

      950 sq ft warehouse space available for lease.
      3876 Indian Ripple Rd, Beavercreek, OH 45440
      View Details
    • Contact for pricing
      194,534 SF

      Dayton Office Space for Lease

      Flexible Suites, Prime Dayton Location
      2642 Indian Ripple Rd, Dayton, OH 45440
      View Details
    • $5 SF/Yr
      194,534 SF

      Dayton Flex Space for Lease

      Modern flex space, ideal for R&D & manufacturing.
      2800 Indian Ripple Rd, Dayton, OH 45440
      View Details
    • Contact for pricing
      58,945 SF

      Oak Creek Plaza Retail Space

      Kettering, OH: Two retail spaces available.
      2100 Whipp Rd, Kettering, OH 45440
      View Details
    • $15 SF/Yr
      22,100 SF

      Beavercreek Retail Strip Center

      High-traffic retail space available.
      3979 Indian Ripple Rd, Beavercreek, OH 45440
      View Details
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    2800 Indian Ripple Rd
    Dayton, OH 45440
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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