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Property profile & analytics
OFF-MARKET
Office Spaces

301 1st St Dayton, OH 45402-3033

0.67 ac lot
Entity Owned Free & Clear
Property ID
US66-2810004
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • BCS Property Solutions, LLC General Contractor
  • OBDOMDEL MANAGEMENT AGENCY Construction Company General Contractor
  • Kataton Logistics LLC Logistics Company Freight Service
  • Morgan & Westfield Business Broker
  • Mazen Abushaban Pharmacy
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
RIVERPLACE ASSOCIATES
RIVERPLACE ASSOCIATES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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