Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    40 Southmoor NE Cir Dayton, OH 45429-2450

    • Investment properties
    • 3,473 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $160,000
    Last Sale
    Sep 18, 2024
    $149,100
    Location Intelligence
    Property ID
    US66-1784370
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Emily K. Werlein, MEd, LPCC / Counselor
    • Amerika Land, LLC / Logistics Service
    • Dr. Marc Gilbert / Optometrist / Practitioner Service Location
    • Kathleen Rudolf / Optometrist
    • Heath Gilbert, O.D. / Optometrist / Contact Lenses Supplier

    Property Details for 40 Southmoor NE Cir

    Year built
    1941
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    3,473 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    N64 00604 0010
    APU
    N64006040010

    Description

    This freestanding professional building, located at 40 Southmoor Cir NE in Kettering, Ohio (45429), presents a unique investment opportunity. The 3,473 square foot building, constructed in 1960, is classified as Class C and features a mixed-use design, previously occupied by an optometric center. The main space boasts an attractive front entrance and includes a reception area with waiting room, two smaller offices, one large front office, and a spacious open area. Upstairs, a loft-style area provides additional large rooms. Three sizable rooms with a separate entrance are located to the left of the main hallway. A full basement offers four rooms and a bathroom. Ample parking is available with 14 spaces, including a designated handicapped-accessible entrance at the rear of the building. The property's APN is N64 00604 0010. This property is being offered for sale by owner at $279,900. The building is situated in Montgomery County.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $150,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $180,000
      7%
      $175,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $180,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $160,000
      Retail
      $180,000
      Mixed-Use
      $185,000
      Hospitality
      $185,000
      Educational
      $185,000
      Residential Income
      $185,000
      Energy
      $165,000
      Income-Based Land
      $195,000
      Food Service
      $150,000

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.1672
    Latitude
    39.69
    CBSA code
    19430
    CBSA name
    DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,594
    $23,670
    $54,750
    $78,420
    -
    $67,620
    $156,440
    $224,060

    Comparable in this City

    • Value Estimation by Request
      7,973 SF

      205 Stroop Rd, Unit 215

      OFFICE/RESIDENTIAL (MIXED USE) • 7,973 SF
      205 Stroop Rd, Dayton, OH 45429-2825
      View Details
    • Value Estimation
      $100,000
      2,467 SF

      505 Stroop Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,467 SF
      505 Stroop Rd, Kettering, OH 45429-3224
      View Details
    • Value Estimation by Request
      2,875 SF

      307 Stroop Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,875 SF
      307 Stroop Rd, Dayton, OH 45429-2827
      View Details
    • Value Estimation
      $195,000
      2,854 SF

      533 Stroop Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,854 SF
      533 Stroop Rd, Dayton, OH 45429-3224
      View Details
    • Value Estimation
      $340,000
      7,420 SF

      529 Stroop Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 7,420 SF
      529 Stroop Rd, Dayton, OH 45429-3245
      View Details
    • Value Estimation
      $295,000
      2,166 SF

      517 Stroop Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,166 SF
      517 Stroop Rd, Dayton, OH 45429-3224
      View Details

    Similar Nearby for Sale

    • $995,000

      Kettering Land For Sale

      Approximately 3.6 acres of commercially zoned land in Kettering, OH.
      Oakmont Ave, Kettering, OH 45429
      View Details
    • $586,820
      2.93 Acres

      Dayton Commercial Land Opportunity

      Prime 2.934-acre office zoned lot.
      3915 Woodman Dr, Dayton, OH 45429
      View Details
    • $49,000

      Land for Sale in Kettering

      0.315 acre land parcel in Kettering, Ohio.
      3613 Wilmington Pike, Dayton, OH 45429
      View Details
    • $298,500

      Dayton Land For Sale

      Approximately 3 acres of land in high-traffic Dayton location.
      Hempstead Station Dr, Dayton, OH 45429
      View Details
    • $250,000

      Prime Land in Kettering Heart

      0.65 acre commercial land with high visibility and accessibility.
      3108 Wilmington Pike, Dayton, OH 45429
      View Details
    • $795,000
      17,879 SF

      Dayton Office Building For Sale

      Office building with 17879 square feet of space.
      10 Southmoor Cir NW, Dayton, OH 45429
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      49,008 SF

      Lincoln Park Center Office Suites

      Dayton, OH medical & office space
      580 Lincoln Park Blvd, Kettering, OH 45429
      View Details
    • $22 SF/Yr
      50,000 SF

      Town & Country Medical Space Available

      Dayton-area medical office space for lease.
      4116 Town And Country Rd, Kettering, OH 45429
      View Details
    • $17 SF/Yr
      26,690 SF

      Kettering Medical Office Building

      Prime location, 3,357 SF available.
      5250 Far Hl Ave, Kettering, OH 45429
      View Details
    • $14 SF/Yr
      418 SF

      Kettering Office Space For Rent

      Office suite in Kettering with ample parking and easy access.
      28 E Rahn Rd, Dayton, OH 45429
      View Details
    • $22 SF/Yr
      50,000 SF

      Upscale Retail Destination in Kettering

      Specialty center in Kettering with excellent visibility and accessibility.
      100-424 E Stroop Rd, Kettering, OH 45429
      View Details
    • $15 SF/Yr
      11,425 SF

      Former Rite Aid Retail Space

      11,425 SF retail space with drive-thru in Kettering, Ohio.
      1320 E Stroop Rd, Dayton, OH 45429
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    40 Southmoor NE Cir
    Dayton, OH 45429-2450
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.