Property profile

500 Lincoln Park Blvd Dayton, OH 45429

OFF-MARKET
Medical Office Space
Property ID
US66-5751511
49,116 SF 3.56 ac lot Built 1987
Individually Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Dayton, Ohio office property, the Lincoln Park Center - 500 Building, offers a diverse range of spaces ideal for medical, traditional, or executive office uses. Located at 500 Lincoln Park Blvd, Dayton, OH 45429, this three-story Class B building boasts a total of 46,511 square feet, with 11,519 square feet currently vacant. Units range from a minimum of 387 square feet to a maximum contiguous space of 5,912 square feet, providing flexibility for various business needs. The property sits on a 3.56-acre lot and features abundant parking with over 470 spaces. Built in 1988, the building is zoned for office uses and enjoys a prime location in Montgomery County, conveniently situated across from The Fraze Pavilion. Its proximity to Kettering Medical Center and Miami Valley Hospital, along with nearby restaurants, financial institutions, grocery stores, and entertainment venues, adds significant appeal. The park-like setting enhances the professional atmosphere. This move-in ready space offers adaptable floor plans to suit medical or office users. The property's multiple tenancy allows for a variety of configurations.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1987
Total area 49,116 SF
Lot 3.56 ac (155,248 SF)
APN N64 04321 0004
UPID US66-5751511

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Registered General Nurse
  • Pediatrician Physician
  • Physician
  • Foster Care Service Social Service Agency

Location

500 Lincoln Park Blvd Dayton, OH 45429-3492
Dayton metro Census 20700 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.16M

Owner & transaction history

since 2007
1 recorded transaction
2007
$16.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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