Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    40 Stewart St Dayton, OH 45409-2667

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    40 Stewart St Dayton, OH 45409-2667

    View on Map
    • Life science properties
    • 34,863 SF
    Off-Market
    Property ID
    US66-3280363
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Helix Innovation Center by Emerson / Business Service Center / Corporate Office
    • Blink Charging Station / Electric Vehicle Charging Station

    Property Details for 40 Stewart St

    Year built
    2015
    Property size
    34,863 SF
    Property type
    Life science properties
    APN
    R72 03007T3026
    APU
    R7203007T3026

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.1877
    Latitude
    39.7397
    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
    $0.00
    $0.00
    $1,064,770
    $1,064,770
    -
    $0.00
    $3,042,200
    $3,042,200

    Comparable in this City

    • Value Estimation
      $505,000
      118,240 SF

      111 Riv Park Dr

      R&D FACILITY, LABS, PHARMA • 118,240 SF
      111 Riv Park Dr, Dayton, OH 45409-2109
      View Details
    • Value Estimation by Request
      34,863 SF

      40 Stewart St

      R&D FACILITY, LABS, PHARMA • 34,863 SF
      40 Stewart St, Dayton, OH 45409-2667
      View Details
    • Value Estimation
      $595,000
      34,863 SF

      40 Stewart St

      R&D FACILITY, LABS, PHARMA • 34,863 SF
      40 Stewart St, Dayton, OH 45409-2667
      View Details
    • Value Estimation
      $710,000
      118,240 SF

      111 Riv Park Dr

      R&D FACILITY, LABS, PHARMA • 118,240 SF
      111 Riv Park Dr, Dayton, OH 45409-2109
      View Details
    • Value Estimation by Request
      25,100 SF

      2510 Lance Dr

      R&D FACILITY, LABS, PHARMA • 25,100 SF
      2510 Lance Dr, Moraine, OH 45409-1512
      View Details
    • Value Estimation by Request
      54,592 SF

      2671 Dixie Dr

      Lifestyle centers • 54,592 SF
      2671 Dixie Dr, Dayton, OH 45409
      View Details

    Similar Nearby for Sale

    • $4,019,417
      1,650 SF

      New Dutch Bros Dayton Asset

      Brand new Dutch Bros near University of Dayton campus.
      1141 Brown St, Dayton, OH 45409
      View Details
    • Contact for pricing
      6,600 SF

      Kettering Office Building For Sale

      Two-story office building with signage rights and ample parking.
      1313 West Dorothy Ln, Kettering, OH 45409
      View Details
    • $1,550,000
      1 SF

      Dayton Office Vacant Land

      Commercial land available for sale in Dayton, Ohio.
      1490 West Dorothy Ln, Dayton, OH 45409
      View Details
    • $810,000
      2,317 SF

      Dayton Retail Investment Opportunity

      NNN leased Starbucks with long-term operating history.
      1134 Brown St, Dayton, OH 45409
      View Details
    • Contact for pricing
      4,659 SF

      Class A Office Space Available

      4,659± SF Class A office space for sale.
      3075 Governors Place Blvd, Kettering, OH 45409
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Dayton Flex Space Available

      Flex, industrial, and warehouse spaces available for lease in Dayton.
      1611 South Main St, Dayton, OH 45409
      View Details
    • Contact for pricing

      Kettering Commercial Space Available

      Commercial space available for lease in Kettering, Ohio.
      2671 S Dixie Dr, Kettering, OH 45409
      View Details
    • $4 SF/Yr
      9,671 SF

      Flexible Combo Units For Lease

      Warehouse, storage, retail, and office combo units with high visibility.
      2655 South Dixie Dr, Dayton, OH 45409
      View Details
    • Contact for pricing

      Retail and Student Housing Development

      Retail and student housing near University of Dayton.
      1200 Brown St, Dayton, OH 45409
      View Details
    • Contact for pricing

      Office Space with Flexible Layout

      Adaptable office spaces available for rent.
      2555 S Dixie Dr, Dayton, OH 45409
      View Details
    • $350 /Mo

      Kettering Office Space Available

      Office suites for sale near I-75 and Downtown Dayton.
      2555 S Dixie Dr, Dayton, OH 45409
      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 Stewart St
    Dayton, OH 45409-2667
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!