1275 Experiment Farm RdTroy, OH 45373

  • Office properties
  • 11,340 SF
For Lease
$10/SF/YR View listing

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
1275 Experiment Farm Rd, Troy, Ohio

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

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
$13,900
$49,980
$192,330
$242,310
-
$142,800
$549,500
$692,300

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