221 Crane StDayton, OH 45403

  • Warehouses
  • 72,427 SF
For Sale
$1,100,000 View listing

Property Details for 221 Crane St

Year built
1918
Construction
WOOD
Lot size
0.77 AC
Property size (Sq ft)
72,427 SF
Property type
Warehouses
APN
R72 01105 0005
APU
R72011050005

Description

This exceptional 72,427 square foot warehouse, situated on a 33,541.2 square foot lot at 221 Crane Street in Dayton, Ohio, presents a unique investment opportunity. Built in 1918, this four-story building offers immense versatility within a designated Opportunity Zone. The property's substantial size allows for a wide range of potential uses, from a production facility or distribution center to a creative workspace, residential conversion, or even a shopping center. The existing configuration includes an indoor bike park on the first two levels, which is negotiable as part of the sale. The property's location in Dayton, Montgomery County, Ohio (zip code 45403) provides excellent access to transportation and infrastructure. This is a rare chance to acquire a large-scale commercial property with significant redevelopment potential in a thriving area. The asking price is $1,100,000. The property's size and location make it an ideal candidate for a variety of commercial ventures, offering a high return on investment for the right buyer. Don't miss this chance to transform this historic building into a profitable enterprise.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,907,448
    Hospitality
    $14,571,137
    Educational
    $12,123,015
    Medical
    $12,539,944
    Retail
    $18,858,024

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.7655
Longitude
-84.1714
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
$9,418
$13,540
$55,720
$69,260
-
$38,680
$159,190
$197,870

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