Property profile

7420 Miller Ln Dayton, OH 45414

OFF-MARKET
Medical Office Space
Property ID
US66-0749980
2,665 SF 1.01 ac lot Built 1978
Entity Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,665 square foot executive office building, located at 7420 Miller Lane in Dayton, Ohio, presents a compelling investment opportunity. Situated on a 1.45-acre lot (APN: A01-00307-0062), this single-story, Class C building was constructed in 1978 and is zoned RCS-1 Regional Commercial, allowing for a wide range of uses. The property boasts high visibility and accessibility, situated on busy Miller Lane between Benchwood and Little York Road, with immediate proximity to major retailers such as Sam's Club and Walmart, a significant concentration of hotels and restaurants, and the new I-70/I-75 interchange. Its strategic location ensures high traffic volume and excellent exposure. Previous use as a dental office suggests adaptability for various professional services, retail, or office spaces. Permitted uses under the RCS-1 zoning include financial institutions, medical clinics, restaurants (with drive-through options), commercial support services, light industry, and educational facilities. The asking price for this well-positioned property is $550,000. This presents a rare chance to acquire a versatile commercial property in a thriving Dayton location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1978
Construction WOOD
Total area 2,665 SF
Lot 1.01 ac (43,865 SF)
APN A01 00307 0062
UPID US66-0749980

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
  • Dental Office
  • Dental Office
  • Dental Office

Location

7420 Miller Ln Dayton, OH 45414-2442
Dayton metro Census 110202 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
$250k

Owner & transaction history

since 2008
2 recorded transactions
2008
$418,000
2007
$418,000

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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