425 Findlay St Dayton, OH 45404-2287
- Commercial real estate
- 5,200 SF
- 4.71 lot acres
Current Use by Public Records
- Dayton Right to Life / Pregnancy Care Center / Family Planning Center
- Maple Tree Cancer Alliance / Physical Fitness Program
- Renew Vitality Testosterone Clinic of Dayton / Men'S Health Physician / Medical Center
- Morali Express / Transportation Service
- XPS TRANSPORT / Transportation Service
Property Details for 425 Findlay St
- Year built
- 1960
- Lot size
- 4.71 lot acres
- Property size
- 5,200 SF
- Property type
- Commercial real estate
- APN
- R72 01004 0072
- APU
- R72010040072
Description
This exceptional 55,081 square foot, four-story Class B office building, constructed in 1957 and extensively renovated in 2023, presents a unique investment opportunity in Dayton, Montgomery County. The property boasts 3 suites, with 37,054 square feet currently vacant and available for lease. Flexible lease terms allow for spaces ranging from a minimum of 5,000 square feet up to a maximum contiguous space of 25,798 square feet. The vacant space is in demo/shell condition, with the possibility of a partial build-out negotiable depending on the lease agreement. The building features a 10-foot ceiling height throughout and is serviced by an elevator. Ample parking is provided with 250 spaces in a secure, electronically fenced lot with 24/7 code access. Additional security measures include tinted perimeter glass and secured building badge access. The building's location offers convenient access to downtown Dayton, Wright-Patterson Air Force Base, and area universities. Its previous use as a community center makes it suitable for a variety of uses, including office space, training facilities, research and defense operations, non-profit organizations, medical offices, educational facilities, IT/data centers, and more. Professional on-site property management is available. The asking rate is $10 per square foot, full service gross (FSG). Showings are by appointment only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $155,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $235,000
- 7%
- $230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $225,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $205,000
- Mixed-Use
- $200,000
- Hospitality
- $200,000
- Educational
- $195,000
- Residential Income
- $255,000
- Energy
- $185,000
- Income-Based Land
- $220,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.1593
- Latitude
- 39.7719
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
