Technical
Financial
Distress signals
Property profile

301 1st St Dayton, OH 45402

OFF-MARKET
Office Spaces
Property ID
US66-2810004
0.67 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This bank-owned foreclosure presents a unique opportunity to acquire a 6,962-square-foot medical office condo in Dayton, Ohio. Located at 301 W First St, 45402, this Class B property boasts a prime downtown location and is situated on a 0.99-acre lot, including approximately 0.67 acres of parking with roughly 45 spaces. The building, constructed in 1987, is a three-story structure with a vacant first-floor unit. The interior features a well-designed layout previously occupied by a medical practice, including 7 offices, 2 waiting rooms, 3 restrooms, 8 treatment rooms, 4 exam rooms, an X-ray room, and additional storage space. A common area and elevator serve all three floors. The property includes wet sprinklers and has undergone recent Phase I and II environmental assessments. Currently listed at $150,000 (with a $513,000 appraisal), this owner-user investment opportunity is being sold as a bank-owned foreclosure and is available through an online auction. Annual property taxes are $22,328. The property is zoned for office use. This is a vacant, single-unit property. Contact the auctioneer for a tour.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Lot 0.67 ac (29,229 SF)
APN R72 50815 0004
UPID US66-2810004

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
  • General Contractor
  • Construction Company General Contractor
  • Logistics Company Freight Service
  • Business Broker
  • Pharmacy

Location

301 1st St Dayton, OH 45402-3033
Dayton metro Census 1501 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

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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