Property profile

301 Kienle Dr Piqua, OH 45356

OFF-MARKET
Retail space
Property ID
US66-0874597
11,236 SF 2.54 ac lot Built 1984
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,000 square foot office space, located at 301 Kienle Dr Unit B in Piqua, Ohio, presents a unique investment opportunity. Situated on a 2.5-acre lot (110,511 sq ft) with over 225 parking spaces, this single-tenant property boasts a highly visible location at a signalized intersection with major retailers like Walmart and Home Depot, ensuring significant regional draw from Miami and Northern Montgomery Counties. The building, constructed in 1984 and extensively renovated in 2023, offers a total of 10,700 square feet, with Unit B providing a 4,000 square foot raw shell space. This space features a 12-foot ceiling height, an open floor plan, and existing restrooms and plumbing. Previous tenant improvements provide a solid foundation for build-out. The property is zoned CX-Corridor Mixed Use (APN: N44074755), allowing for diverse uses. The building's exterior and facade underwent a complete renovation between 2022 and 2023, resulting in a Class A+ appearance. Access is available from both Kienle Drive and Garbry Road. The asking price is $7.50 per square foot, plus NNN charges, with incentives including up to six months of free rent available. This property offers a blend of prime location, modern amenities, and flexible space, making it ideal for a variety of businesses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Total area 11,236 SF
Lot 2.54 ac (110,512 SF)
APN N44-074755
UPID US66-0874597

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
  • Veterinary Clinic

Location

301 Kienle Dr Piqua, OH 45356-4124
Piqua metro Census 300100 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2021
Last sale
$426,000
6 recorded transactions
2022
Price N/A
2021
$426,000
2017
Price N/A
2016
$174,500
1969
Price N/A
1969
Price N/A

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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