1890 Commerce Center BlvdFairborn, OH 45324

Property Details for 1890 Commerce Center Blvd

Year built

2000

Lot size

2.31 AC

Property size (Sq ft)

14,163 SF

Zone code

PD-4

Property type

Office buildings

APN

A02-0002-0047.0-0008.00

APU

A02000200470000800

Description

This exceptional Class A office building, located at 1890 Commerce Center Blvd in Fairborn, Ohio, offers 8,889 square feet of immediately available executive office space. Built in 2000 and extensively renovated in 2017, the property boasts a modern aesthetic and high-quality finishes. The building is situated on a generous 2.3-acre lot, providing ample parking that has recently been sealed and restriped. The space is currently entirely vacant and divisible to a minimum of 1,873 square feet, with one suite currently marketed at 1,340-1,873 square feet. Convenient amenities include shared restrooms, a break room, and a kitchenette. The owner is open to discussing build-outs to customize the space to meet specific tenant requirements. This property is ideally suited for businesses seeking a prestigious and functional office environment in Greene County, Ohio, with easy access to major transportation routes. The property's address is 1890 Commerce Center Blvd, Fairborn, OH 45324. The building is classified as a Multiple Tenancy property.

• CAP approach

  CAP return

  Valuation

  6%

  $3,080,020

  6.5%

  $2,843,090

  7%

  $2,640,020

• Comparable approach

  Method

  Valuation

  Relative Method

  $278,869

  Geo Method

  $278,869

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,528,530

  Retail / Commercial

  $2,848,480

  Mixed-Use / Specialty

  $2,848,950

  Hospitality / Lodging

  $2,104,020

  Institutional / Educational

  $2,965,560

  Residential Income

  $3,469,710

  Multifamily

  $4,102,480

  Automotive / Energy

  $2,541,910

  Parking / Income-Based Land

  $866,685

  Restaurant / Food Service

  $1,504,440

  Healthcare / Senior Housing

  $2,910,650

Location Insight

City

Fairborn

County

Greene

State

Ohio

Latitude

39.7881

Longitude

-83.9984

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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