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Property profile & analytics
FOR SALE
Investment properties
78 E Franklin St Dayton, OH 45459
Individually Owned
1-yr Hold
Free & Clear
Property ID
US66-6197627
For Sale
1 / 4
$375,000
78 E Franklin St, Dayton, OH 45459
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Property summary
AI-generated overview
This fully leased, two-story, 2,410 square foot creative office building is located in historic downtown Centerville, Ohio. The 1900-built wood-frame structure features a mix of private offices and flexible workspace, updated bathroom, and kitchenette. The property includes eight on-site parking spaces, excellent street visibility with signage, and easy access to numerous amenities. Conveniently situated near Kettering, Miamisburg, and Beavercreek, it offers quick access to I-675 and I-75. Currently operating under a triple net (NNN) lease with a single tenant, the lease commenced July 1, 2024, and expires August 31, 2027, with two one-year lease options. The asking price is $425,000, representing a price per square foot of $176.35. The property sits on a 0.13-acre lot and is zoned for commercial use. The building is classified as Class C and boasts 100% occupancy. Rent bumps are included in the lease agreement. Parcel ID: O68-00107-0014. This presents a strong investment opportunity in a desirable location.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
2,480 SF
Lot
0.13 ac (5,798 SF)
APN
O68 00107 0014
UPID
US66-6197627
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
-
Refrigeration Control Company, Inc HVAC Service General Contractor
-
ASAP Screen Printing (Bike/Boat/Book/etc) Store Printing Service
-
Refrigeration Control Co Inc Hardware & Home Improvement HVAC 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
by Request
Owner & transaction history
Erick T Wynkoop · 1 yrs held
Erick T Wynkoop
since 2025
7 recorded transactions
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,753
Tax year 2023
Assessed value
$56,240
Assessed 2023
Previous assessed
$56,240
+0.0% YoY
Effective rate
8.45%
On assessed value
Assessed land
$10,230
Assessed improvement
$46,010
Land market value
$29,230
Improvement market value
$131,450
Total market value
$160,680
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1900
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
2
Rooms
10
Bathrooms
3
Total area
2,480 SF
Lot
0.13 ac (5,798 SF)
APN
O68 00107 0014
UPID
US66-6197627
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
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Rooms
10
Bathrooms
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Erick T Wynkoop
Individual
Free & Clear · 1 yrs held
Mailing address
78 E FRANKLIN ST, DAYTON, OH 45459-5914
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2025
—
Erick T Wynkoop
Wynkoop Rentals LLC
Warranty Deed
—
Jul 5, 2024
—
Wynkoop Rentals LLC
Erick T Wynkoop
Warranty Deed
—
Oct 17, 2018
$160,000
Jason T Wynkoop
Houtz,michael
Warranty Deed
—
Nov 25, 2015
$74,000
Michael A Houtz
Sheriff Of Montgomery County|deshayes,chaz E
Trustees Deed
—
Aug 17, 2010
—
Michael A Houtz
Houtz,carolyn S
Quit Claim Deed
related
—
Oct 17, 2006
$167,800
Debra L Trick
Houtz,michael A & Carolyn S
Grant Deed
—
Mar 6, 2006
$135,000
Michael A Houtz
Houtz,albert G JR & Patricia S
Grant Deed
related
$134,000 · Albert G JR & Patricia S Houtz
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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