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Financial
Distress signals
Property profile

645 Olympic Dr Troy, OH 45373

FOR LEASE
Flex space
Property ID
US66-2697960
4,800 SF 1 ac lot Built 1999
Last sale Jul 2009 · $715,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 5,000-square-foot warehouse is situated on one acre of land in Troy, Ohio, offering a prime location for businesses seeking efficient operations and convenient access to major transportation routes. The property boasts a single-tenant occupancy, providing a streamlined and straightforward leasing opportunity. The warehouse features one loading dock and two drive-in doors, ensuring smooth and efficient loading and unloading processes. Its strategic location provides easy…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$58k
Assessed land$19k
Assessed improvement$38k
Effective rate4.97%

Value estimate

· Oct 2026
$255k
$230k – $281k
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$5k
Operating expenses−$24k
NOI · 1,574.17% cap applied$55k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$36/SF
County average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$23 – $53
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,574.17%
$55k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMIAMI

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.3
Building Supply11.6
HVAC Service11.6

Location

645 Olympic Dr Troy, OH 45373
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6 State Rte 202, Troy, OH 45373-2024 $325,000 Aug 2023 11,564 SF
35 Marybill S, Troy, OH 45373-1033 $350,000 Jul 2023 8,865 SF
2485 Stanfield, Troy, OH 45373-2315 $82,972 Dec 2021 10,000 SF
1250 Un, Troy, OH 45373-4118 $310,000 Aug 2021 10,791 SF
65 Kings Chapel, Troy, OH 45373-2062 $90,000 May 2020 11,881 SF
1390 Lytle, Troy, OH 45373-9401 $275,000 Jul 2019 11,828 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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