1275 Experiment Farm RdTroy, OH 45373
- Office properties
- 11,340 SF
Property Details for 1275 Experiment Farm Rd
- Year built
- 1986
- Lot size
- 2.38 AC
- Property size (Sq ft)
- 11,340 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- D08-056316
- APU
- D08056316
Description
This exceptional 10,798 square foot commercial property, located at 1275 Experiment Farm Road in Troy, Ohio, presents a unique opportunity for businesses seeking flexible and adaptable space. The single-story building, constructed in 1986 and renovated in 1996, is classified as Class B and sits on a generous 2.6-acre lot. The property boasts a variety of uses, encompassing executive office, traditional office, and warehouse space, making it ideal for a diverse range of tenants. The zoning is B-2, allowing for a multitude of commercial applications. The building features five convenient drive-in bays, enhancing accessibility and operational efficiency. Multiple tenancy is available, with spaces ranging from a minimum of 907 square feet to a maximum contiguous space of 4,692 square feet. Currently, 9,331 square feet is vacant and ready for immediate occupancy. The property's address is 1275 Experiment Farm Rd, Troy, OH 45373, with the APN being D08056316. This versatile property in Miami County offers a compelling combination of functionality, location, and size, making it an attractive option for businesses seeking to establish or expand their operations in the Troy area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,175,973
- 6.5%
- $2,008,590
- 7%
- $1,865,120
-
Comparable approach
- Method
- Valuation
- Relative Method
- $223,285
- Geo Method
- $223,285
-
Alternative Use
- Use
- Valuation
- Residential
- $2,490,652
- Hospitality
- $2,281,424
- Educational
- $1,898,118
- Medical
- $1,963,397
- Retail
- $2,952,628
Location Insight
- City
- Troy
- County
- Miami
- State
- Ohio
- Latitude
- 40.061
- Longitude
- -84.2402
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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