Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    800 Scholz Dr Vandalia, OH 45377-3122
    Back to Search
    Property profile & analytics

    800 Scholz Dr Vandalia, OH 45377-3122

    View on Map
    • Warehouses
    • 22,226 SF
    • 1.58 lot acres
    Off-Market
    Property ID
    US66-1894219
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $545,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Troy Engineered Components and Assemblies / Industrial Manufacturer / Production Facility

    Property Details for 800 Scholz Dr

    Year built
    1967
    Lot size
    1.58 lot acres
    Property size
    22,226 SF
    Property type
    Warehouses
    APN
    B02 00408 0017
    APU
    B02004080017

    Description

    This single-tenant industrial property, located at 800 Scholz Drive in Vandalia, Ohio 45377, offers 22,538 square feet of versatile warehouse and manufacturing space. The building, constructed in 1967, sits on a 1.57-acre lot and features a single story with a 13-foot ceiling height. The property is currently vacant and ready for immediate occupancy. Ideal for a variety of industrial uses, the building boasts three loading docks and one drive-in door, providing efficient access for loading and unloading. The property's location in Vandalia, Ohio offers convenient access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The entire 22,538 square feet is available for lease. This is a rare opportunity to secure a substantial industrial space in a desirable location. The property's single-tenant occupancy provides a streamlined and efficient operational environment. The ample space and convenient features make this property a strong contender for businesses seeking to establish or expand their operations in the Vandalia area. Contact us today to learn more about this exceptional leasing opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $360,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $478,000
      Market price range: $102k - $793k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $820,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vandalia
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.1844
    Latitude
    39.8816
    CBSA code
    19430
    CBSA name
    DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,209
    $30,140
    $183,610
    $213,750
    -
    $86,100
    $524,590
    $610,690

    Comparable in this City

    • Value Estimation
      $790,000
      2,400 SF

      865 National Rd

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      865 National Rd, Vandalia, OH 45377-3015
      View Details
    • Value Estimation by Request
      6,180 SF

      3925 Vanco Ln

      WAREHOUSE, STORAGE • 6,180 SF
      3925 Vanco Ln, Vandalia, OH 45377-9743
      View Details
    • Value Estimation by Request
      16,304 SF

      3510 Lightner Rd

      WAREHOUSE, STORAGE • 16,304 SF
      3510 Lightner Rd, Vandalia, OH 45377-9735
      View Details
    • Value Estimation by Request
      6,600 SF

      3820 Lightner Rd

      MINI-WAREHOUSE, STORAGE • 6,600 SF
      3820 Lightner Rd, Vandalia, OH 45377
      View Details
    • Value Estimation by Request
      6,000 SF

      19 Alkaline Spgs Rd

      WAREHOUSE, STORAGE • 6,000 SF
      19 Alkaline Spgs Rd, Vandalia, OH 45377-2631
      View Details
    • Value Estimation by Request
      3,724 SF

      4686 Old Springfield Rd

      WAREHOUSE, STORAGE • 3,724 SF
      4686 Old Springfield Rd, Vandalia, OH 45377-9606
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,410 SF

      Dental Office For Sale

      Dental office property with a 7.25% CAP rate.
      55 Elva Ct, Vandalia, OH 45377
      View Details
    • Contact for pricing

      Land Near Dayton Airport

      Commercial land available near Dayton International Airport.
      1475 Jackson Rd, Vandalia, OH 45377
      View Details
    • $395,000

      Commercial Land in Busy Center

      Graded lot with utilities in front of Kroger.
      Northwoods Blvd, Vandalia, OH 45377
      View Details
    • Contact for pricing
      Pending

      Vandalia Office Building For Sale

      Six-unit office building with approximately 7,400 square feet available for sale.
      76 Fordway Dr, Vandalia, OH 45377
      View Details
    • $775,000
      11,000 SF

      Vandalia Church and Land

      Highway business zoned church with classrooms, kitchen, and parking.
      606 W National Rd, Vandalia, OH 45377
      View Details
    • $450,000
      Pending

      Vandalia, OH Commercial Land

      Approximately 1 acre of highway business zoned land for sale.
      626 National Rd, Vandalia, OH 45377
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Industrial Facility Near Airport

      Planned 250,170 SF industrial facility near Dayton Airport.
      9085 Peters Pike, Vandalia, OH 45377
      View Details
    • Contact for pricing
      96,093 SF

      Vandalia Industrial Facility For Rent

      96,093 SF industrial facility with expansion potential.
      875 Center Dr, Vandalia, OH 45377
      View Details
    • Contact for pricing
      18,320 SF

      Vandalia Warehouse Space Available

      4,160 SF warehouse space for lease in Vandalia, Ohio.
      743-787 Crossroads Ct, Vandalia, OH 45377
      View Details
    • Contact for pricing
      150,000 SF

      Modern Warehouse Space Available

      Class A warehouse space ideal for overflow or dead storage.
      1925 Un Airpark Blvd, Vandalia, OH 45377
      View Details
    • $2,950 /Mo
      4,000 SF

      Vandalia Commercial Space For Lease

      4,000 sq ft commercial space with garage and office.
      346 N Dixie Dr, Vandalia, OH 45377
      View Details
    • Contact for pricing
      3,115 SF

      Freestanding Retail Building For Rent

      3,115 SF freestanding building suitable for professional services.
      805 S Dixie Dr, Vandalia, OH 45377
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    800 Scholz Dr
    Vandalia, OH 45377-3122
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    800 Scholz Dr, Vandalia, OH, 45377
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!