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Property profile & analytics
FOR LEASE
Office buildings

3131 Newmark Dr Miamisburg, OH 45342

52,279 SF 6.64 ac lot Built 1987
Entity Owned 8-yr Hold Free & Clear
Property ID
US66-0341162
Property summary
AI-generated overview

This exceptional Class A office building, located at 3131 Newmark Drive in Miamisburg, Ohio, offers a significant opportunity for businesses seeking premium executive office space. The property boasts a total of 52,279 square feet across three stories within a single building, situated on a generous 6.64-acre lot. Currently, there are 25,000 square feet of vacant space available, offering flexibility for businesses of various sizes. The building was constructed in 1987 and features ample parking with 200 spaces available for tenants and guests. The property's convenient location in Montgomery County (APN K45-25811-0001), places it in close proximity to the Dayton Mall and Austin Landing, providing easy access to a wide array of amenities including restaurants, retail establishments, and hotels. The available space is suitable for multiple tenants, with options ranging from 2,600 square feet to the entire 25,000 square feet of vacant space. This is an ideal location for businesses seeking a prestigious address and convenient access to major transportation routes and local conveniences. The property's size and amenities make it a highly desirable location for companies seeking to establish or expand their presence in the Miamisburg area. Contact us today to learn more about this outstanding opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Total area 52,279 SF
Lot 6.64 ac (289,238 SF)
APN K45 25811 0001
UPID US66-0341162
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
  • Dr. David Carter Physician
  • Dr. Julie Ott Physician
  • WILLIAM EDWARD BRADY Physician
  • Nancy Anne Pook Physician
  • Debra G Edwards Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.62M
Blend (final) Blend
$3.99M
Owner & transaction history
Azzapnc LLC · 8 yrs held
Azzapnc LLC
since 2017
4 recorded transactions
2017
Price N/A
2016
$136,000
2016
$1.4M
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.4M +5.8%
Apartment house (5+ units) $3.2M +0.2%
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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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