Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5661 Munger Rd Dayton, OH 45459-1135

    • Office buildings
    • 1,925 SF
    • 3.04 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2338751
    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

    • Moraine Heights Baptist Church / Church

    Property Details for 5661 Munger Rd

    Year built
    1994
    Construction
    WOOD
    Lot size
    3.04 lot acres
    Property size
    1,925 SF
    Property type
    Office buildings
    APN
    K47 02403 0082
    APU
    K47024030082

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.2131
    Latitude
    39.6698
    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
    $179
    $44,690
    $1,225,470
    $1,270,160
    -
    $127,680
    $3,501,340
    $3,629,020

    Comparable in this City

    • Value Estimation by Request
      3,997 SF

      6236 Far Hls Ave

      OFFICE BUILDING • 3,997 SF
      6236 Far Hls Ave, Dayton, OH 45459-1927
      View Details
    • Value Estimation
      $575,000
      10,988 SF

      7865 Paragon Rd

      OFFICE BUILDING • 10,988 SF
      7865 Paragon Rd, Dayton, OH 45459-4027
      View Details
    • Value Estimation
      $2,440,000
      16,952 SF

      7747 Clyo Rd

      OFFICE BUILDING • 16,952 SF
      7747 Clyo Rd, Dayton, OH 45459-4830
      View Details
    • Value Estimation by Request
      4,216 SF

      38 Franklin St

      OFFICE BUILDING • 4,216 SF
      38 Franklin St, Dayton, OH 45459-4736
      View Details
    • Value Estimation by Request
      1,466 SF

      888 Franklin St

      OFFICE BUILDING • 1,466 SF
      888 Franklin St, Dayton, OH 45459-5606
      View Details
    • Value Estimation
      $565,000
      4,650 SF

      2 Franklin St, Unit 6

      OFFICE BUILDING • 4,650 SF
      2 Franklin St, Dayton, OH 45459-5914
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,410 SF

      Centerville Freestanding Fully Leased Building

      Two-story office building in historic downtown Centerville, fully leased.
      78 E Franklin St, Dayton, OH 45459
      View Details
    • $159,000
      1,729 SF

      Centerville Office Condo Opportunity

      Office condo available for sale or lease in Centerville, OH.
      6842-6850 Loop Rd, Dayton, OH 45459
      View Details
    • Contact for pricing
      3,100 SF

      Office Condominium in Washington Township

      3,100+ SF office condo with easy highway access.
      320 Regency Ridge Dr, Dayton, OH 45459
      View Details
    • Contact for pricing
      2,856 SF

      Freestanding Retail Building with Drive-Thru

      2,856 SF retail building with drive-thru on 0.72 acres.
      20 W Whipp Rd, Dayton, OH 45459
      View Details
    • Contact for pricing
      16,196 SF

      Dayton Land For Sale

      Land available for sale in Dayton, Ohio.
      651 Lyons Rd, Dayton, OH 45459
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,585 SF

      Class A Office Space Available

      Three-story office building with excellent highway visibility.
      7777 Washington Village Dr, Dayton, OH 45459
      View Details
    • Contact for pricing
      1,725 SF

      Class A Office Space Available

      Three-story office building with suites for lease in Washington Township.
      7887 Washington Village Dr, Dayton, OH 45459
      View Details
    • $17 SF/Yr

      Premier Office Building in Dayton

      Renovated office suites available in a prime Dayton location.
      77 W Elmwood Dr, Dayton, OH 45459
      View Details
    • Contact for pricing

      Medical Office Space Available

      Medical office space in Centerville with convenient highway access.
      6601 Centerville Business Pkwy, Dayton, OH 45459
      View Details
    • Contact for pricing
      700 SF

      Centerville Office Space For Rent

      Office space for rent in Centerville's Uptown District.
      203 West Franklin St, Dayton, OH 45459
      View Details
    • Contact for pricing
      1,470 SF

      Washington Township Office Space Available

      Office spaces for rent in Washington Township, Dayton, OH.
      7051 Corporate Way, Dayton, OH 45459
      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.
    5661 Munger Rd
    Dayton, OH 45459-1135
    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!