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Property profile & analytics
FOR LEASE
Medical Office Space
580 Lincoln Park Blvd, Dayton, OH 45429
Individually Owned
18-yr Hold
Free & Clear
Property ID
US66-5751512
For Lease
1 / 2
$21 SF/Yr
580 Lincoln Park Blvd, Dayton, OH 45429
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Property summary
AI-generated overview
This exceptional three-story, Class B office building, situated on 2.95 acres in Kettering, Ohio, offers a variety of move-in ready suites. The 49,008 square foot building boasts 11,767 square feet of immediately available space, with suites ranging from 1,833 to 4,061 contiguous square feet. Ideally located at 580 Lincoln Park Blvd, near Shroyer Road, in Montgomery County (zip code 45429), this property provides convenient access to Kettering Medical Center and Miami Valley Hospital. The building features one passenger elevator, ample parking (470 spaces), and is zoned CC. Built in 1988, the property offers flexible floor plans adaptable to both medical and traditional office uses. Enjoy a park-like setting across from The Fraze Pavilion, with nearby restaurants, financial institutions, grocery stores, and entertainment options. This is a prime opportunity for businesses seeking a well-located, amenity-rich office space in a thriving community.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Total area
49,008 SF
Lot
2.95 ac (128,546 SF)
APN
N64 04321 0006
UPID
US66-5751512
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Holly Broach Physician
-
First Central Title | Excel Title Services Title Company
-
Edward Jones - Financial Advisor: Yuh Chen Yu Financial Advisor
-
Kettering Board of Education High School
-
Caretenders of Dayton Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.98M
Owner & transaction history
G & E Healthcare Reit Lincoln · 18 yrs held
G & E Healthcare Reit Lincoln
since 2007
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,190,000
Current use
Blend value · Realmo final
$4.98M
Range $4.48M – $5.48M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$164,018
Tax year 2023
Assessed value
$1,699,100
Assessed 2023
Previous assessed
$1,699,100
+0.0% YoY
Effective rate
9.65%
On assessed value
Assessed land
$161,220
Assessed improvement
$1,537,880
Land market value
$460,640
Improvement market value
$4,393,930
Total market value
$4,854,570
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1988
Heating
YES
Cooling
CENTRAL
Stories
3
Total area
49,008 SF
Lot
2.95 ac (128,546 SF)
APN
N64 04321 0006
UPID
US66-5751512
Jurisdiction
MONTGOMERY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$8.2M
MEDICAL BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
YES
Cooling
Yes
Stories
3
Lot
2.95 ac
Current owner
From public records · entity-resolved
G & E Healthcare Reit Lincoln
Individual
Free & Clear · 18 yrs held
Mailing address
3310 W END AVE STE #700, NASHVILLE, TN 37203-1097
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2007
$16,200,000
G & E Healthcare Reit Lincoln
Fraze Ents INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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