4001 Old Salem RdEnglewood, OH 45322

Property Details for 4001 Old Salem Rd

Year built

1968

Construction

FRAME

Lot size

0.33 AC

Property size (Sq ft)

4,970 SF

Property type

Office buildings

APN

M57 00314 0001

APU

M57003140001

Description

This exceptional single-tenant office building, located at 4001 Old Salem Road in Englewood, Ohio, presents a fantastic leasing opportunity. The property boasts a generous 5,225 square feet of space, all currently vacant and ready for immediate occupancy, starting October 1, 2024. The building, constructed in 1968, is a single-story structure situated on a 0.33-acre lot. Ample parking is provided with 50 spaces available for tenants and their clients. The property's address is 4001 Old Salem Rd, Englewood, OH 45322. The property is classified as a traditional office building and is ideal for a single tenant seeking a substantial and conveniently located workspace. The building's single-story design offers easy accessibility and efficient use of space. With its generous parking and prime location, this property represents a compelling opportunity for businesses seeking a well-maintained and spacious office environment in Englewood. The property's APN is M57-00314-0001. This is a rare opportunity to secure a substantial office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,039,610

  6.5%

  $959,641

  7%

  $891,096

• Comparable approach

  Method

  Valuation

  Relative Method

  $159,026

  Geo Method

  $97,859.30

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,874,090

  Retail / Commercial

  $964,003

  Mixed-Use / Specialty

  $962,915

  Hospitality / Lodging

  $709,518

  Institutional / Educational

  $1,001,880

  Residential Income

  $1,172,200

  Multifamily

  $1,392,860

  Automotive / Energy

  $858,757

  Parking / Income-Based Land

  $294,026

  Restaurant / Food Service

  $505,833

  Healthcare / Senior Housing

  $985,043

Location Insight

City

Englewood

County

Montgomery

State

Ohio

Latitude

39.8479

Longitude

-84.2926

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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