Technical
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
Entity Owned 17-yr Hold Free & Clear
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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 access to the I-75 interchange at Main Street, a mere three-minute drive away, significantly reducing transportation times and costs. The property is classified as industrial and is categorized as a warehouse, making it suitable for a variety of industrial and storage needs. The entire 5,000 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific requirements. Located in Miami County, Ohio, with a Troy address and 45373 zip code, this warehouse offers a blend of functionality, accessibility, and strategic positioning within a thriving business community. The property's single-tenant status ensures a focused and manageable leasing arrangement. This is a rare opportunity to secure a well-located, functional warehouse in a desirable market.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1999
Total area 4,800 SF
Lot 1 ac (43,560 SF)
APN D08-058132
UPID US66-2697960

Cap rate & NOI

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

Location

645 Olympic Dr Troy, OH 45373
Troy metro Census 365001 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2009
1 recorded transaction
2009
$715,000

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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