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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8181-8209 Washington Church Rd Miamisburg, OH 45342

    • Industrial properties
    • 82,372 SF
    • 4.84 lot acres
    OFF-MARKET
    Value Estimations
    $5,205,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1222703
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 8181-8209 Washington Church Rd

    Year built
    1999
    Lot size
    4.84 lot acres
    Property size
    82,372 SF
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    K45 28313 0002
    APU
    K45283130002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,527,000
      Market price range: $2.22M - $4.53M
      AI Estimate
      $4,476,000
      Market price range: $1.31M - $6.15M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,540,000
      Current use
      AUTO REPAIR, GARAGE
      $5,350,000
      Change: +51% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $5,065,000
      Change: +43% Conversion: Moderate
      OFFICE BUILDING
      $5,060,000
      Change: +43% Conversion: Easy
      RETAIL STORES
      $5,000,000
      Change: +41% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $3,700,000
      Change: +4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Miamisburg
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.2098
    Latitude
    39.6289
    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
    $135,719
    $150,330
    $1,320,970
    $1,471,300
    -
    $429,500
    $3,774,190
    $4,203,690

    Comparable in this City

    • Value Estimation
      $785,000
      40,836 SF

      2000 Byers Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 40,836 SF
      2000 Byers Rd, Miamisburg, OH 45342
      View Details
    • Value Estimation
      $1,135,000
      63,278 SF

      3233 Tech Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 63,278 SF
      3233 Tech Blvd, Miamisburg, OH 45342-0843
      View Details
    • Value Estimation
      $1,715,000
      49,200 SF

      444 Alexandersville Rd, Unit 456

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 49,200 SF
      444 Alexandersville Rd, Miamisburg, OH 45342-3658
      View Details
    • Value Estimation by Request
      9,665 SF

      3334 Tech Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 9,665 SF
      3334 Tech Blvd, Miamisburg, OH 45342-0823
      View Details
    • Value Estimation
      $1,450,000
      52,324 SF

      3366 Tech Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 52,324 SF
      3366 Tech Blvd, Miamisburg, OH 45342-0823
      View Details
    • Value Estimation
      $1,235,000
      30,252 SF

      8765 Washington Church Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 30,252 SF
      8765 Washington Church Rd, Miamisburg, OH 45342-4427
      View Details

    Similar Nearby for Sale

    • $450,000
      9.77 Acres

      8510 Gander Creek Dr

      Flex space • 9.77 Acres
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      View Details
    • $1,999,000
      31,200 SF

      Miamisburg Flex Space For Sale

      31,200 SF flex space in Miamisburg, Ohio.
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    • $4,500,000
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      South Dayton Commercial Land - 38 Acres

      Prime South Dayton location, high traffic counts.
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    • $12,950,000
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      Miamisburg Retail Property for Sale

      Retail property available for purchase in Miamisburg, Ohio.
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    • $109,900
      1.38 Acres

      Miamisburg Acreage for Custom Home

      1.382 acres near Miamisburg, ideal for custom home or farm.
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    • Contact for pricing

      Prime Dayton Commercial Land

      5.45 Acres, High Traffic Area
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    Similar Nearby for Lease

    • Contact for pricing
      460,515 SF

      Austin Landing Executive Suites

      Premium Miamisburg Office Space Available
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      View Details
    • Contact for pricing
      72,357 SF

      Prime Miamisburg Industrial Space

      72,357 SF Flex/Office/Warehouse
      3001 Tech Rd, Miamisburg, OH 45342
      View Details
    • $7 SF/Yr
      5,880 SF

      Miamisburg Flex Space Available

      Flex building with office and warehouse space near Austin Landing.
      3000 S Tech Blvd, Miamisburg, OH 45342
      View Details
    • $15 SF/Yr
      5,000 SF

      Miamisburg Business Flex Space

      5,000 SF flex space in Miami Township for lease.
      8555 Gander Creek Dr, Miamisburg, OH 45342
      View Details
    • $6 SF/Yr
      139,970 SF

      Miamisburg Industrial Property Near I-75

      Industrial property with HVAC and expansion capabilities near I-75.
      3303 W Tech Blvd, Miamisburg, OH 45342
      View Details
    • $5 SF/Yr
      15,000 SF

      Miamisburg Warehouse Space Available

      15,000 SF warehouse space for lease in Miamisburg, OH.
      925 N Main St, Miamisburg, OH 45342
      View Details
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    Miamisburg, OH 45342
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    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
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