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Property profile & analytics
FOR LEASE
Life science properties

3100 Research Blvd Dayton, OH 45420

81,400 SF 49.51 ac lot Built 1984
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US66-1522293
Property summary
AI-generated overview

The 3100 Building, located at 3100 Research Blvd in Dayton, Ohio, offers 305,366 square feet of flexible space ideal for manufacturing, R&D, or traditional office use. This multi-tenant Class B property features three buildings with three stories each, boasting 24-foot ceiling heights and a minimum divisible space of 1,000 square feet, with a maximum contiguous space of 16,875 square feet. Currently, 97,732 square feet are vacant. Situated on 49.51 acres in Montgomery County (APN: N64-03501-0031) and zoned I-1, the property benefits from its location within the Miami Valley Research Park, near prominent companies like Reynolds & Reynolds and Kodak. Amenities include a newly renovated cafeteria with breakfast and lunch service, a renovated conference facility, an outdoor patio, and common seating areas. The property is climate-controlled and offers convenient access to interstates, hotels, restaurants, and a skilled workforce. Its proximity to The Greene, a lifestyle center with dining, shopping, and entertainment options, further enhances its appeal. Built in 1984, this former Kodak regional office provides a unique opportunity to occupy upscale office space or high-bay flex space suitable for lab, production, or research purposes. The property's location near Wright-Patterson Air Force Base and affluent residential areas adds to its strategic value.

Property profile
Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1984
Total area 81,400 SF
Lot 49.51 ac (2,156,568 SF)
APN N64 03501 0031
UPID US66-1522293
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
  • Vivial Advertising Agency Marketing & Advertising
  • Defense Acquisition University University
  • US Defense Department Military Base
  • Xerion Battery Corporate Office
  • Xerion Advanced Battery Corp Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$680k
Owner & transaction history
Kettering Office Park LLC · 22 yrs held
Kettering Office Park LLC
since 2004
4 recorded transactions
2020
Price N/A
2010
Price N/A
2009
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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