35 Rockridge Rd Englewood, OH 45322-2749
- Warehouses
- 37,776 SF
- 3.71 lot acres
Current Use by Public Records
- Buffalo Pacific / Consultant
- UST / Corporate Office
- ALLENDEVAUX & COMPANY / Business To Business Service
- Polycom / Manufacturer
Property Details for 35 Rockridge Rd
- Year built
- 1980
- Lot size
- 3.71 lot acres
- Property size
- 37,776 SF
- Property type
- Warehouses
- APN
- M57 00716 0001
- APU
- M57007160001
Description
This exceptional 38,042-square-foot industrial flex building in Englewood, Ohio, presents a compelling owner-user or investment opportunity. Situated on a 3.71-acre lot, this single-story, Class B property boasts four units, ideal for warehousing, light manufacturing, or distribution. Built in 1980, the building features three loading docks with three dock-high doors, offering efficient loading and unloading capabilities. The property's zoning is C - COMMERCIAL WAREHOUSES, allowing for a variety of commercial uses. The asking price is $2,400,000, translating to $63.09 per square foot. Currently vacant, this property offers immediate occupancy. Its strategic location provides easy access to major transportation arteries, including proximity to I-70 (0.5 miles) and I-75 (4.6 miles), as well as Dayton International Airport (under 5 miles). The area is a thriving industrial hub, with over 5 million square feet of distribution warehousing within a one-mile radius, including major companies like Proctor & Gamble, Amazon, and Chewy. This prime location offers access to a robust workforce and benefits from favorable market conditions for industrial real estate, presenting significant potential for long-term value appreciation. The property's solid construction and versatile space cater to diverse commercial and industrial needs, making it an attractive investment for expanding portfolios or a strategic headquarters for an owner-user. The Montgomery County APN is M57 00716 0001.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,890,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,315,000
- 6.5%
- $2,145,000
- 7%
- $2,285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,120,000
- Geo Method
- $2,495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,205,000
- Retail
- $1,880,000
- Mixed-Use
- $2,020,000
- Hospitality
- $1,795,000
- Educational
- $2,060,000
- Residential Income
- $1,940,000
- Energy
- $2,055,000
- Income-Based Land
- $1,985,000
- Food Service
- $1,765,000
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.2858
- Latitude
- 39.8602
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA