3131 Newmark DrMiamisburg, OH 45342

Property Details for 3131 Newmark Dr

Year built

1987

Lot size

6.64 AC

Property size (Sq ft)

52,279 SF

Property type

Office buildings

APN

K45 25811 0001

APU

K45258110001

Description

This exceptional Class A office building, located at 3131 Newmark Drive in Miamisburg, Ohio, offers a significant opportunity for businesses seeking premium executive office space. The property boasts a total of 52,279 square feet across three stories within a single building, situated on a generous 6.64-acre lot. Currently, there are 25,000 square feet of vacant space available, offering flexibility for businesses of various sizes. The building was constructed in 1987 and features ample parking with 200 spaces available for tenants and guests. The property's convenient location in Montgomery County (APN K45-25811-0001), places it in close proximity to the Dayton Mall and Austin Landing, providing easy access to a wide array of amenities including restaurants, retail establishments, and hotels. The available space is suitable for multiple tenants, with options ranging from 2,600 square feet to the entire 25,000 square feet of vacant space. This is an ideal location for businesses seeking a prestigious address and convenient access to major transportation routes and local conveniences. The property's size and amenities make it a highly desirable location for companies seeking to establish or expand their presence in the Miamisburg area. Contact us today to learn more about this outstanding opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $8,282,310

  6.5%

  $7,645,208

  7%

  $7,099,122

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,047,391

  Geo Method

  $1,029,374

• Alternative Use

  Use

  Valuation

  Residential

  $9,480,059

  Hospitality

  $8,683,683

  Educational

  $7,224,722

  Medical

  $7,473,192

  Retail

  $11,238,457

Location Insight

City

Miamisburg

County

Montgomery

State

Ohio

Latitude

39.6246

Longitude

-84.2206

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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