2400 Dorothy LnDayton, OH 45420

Property Details for 2400 Dorothy Ln

Year built

1959

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

2,899 SF

Property type

Office properties

Property subtype

Office buildings

APN

N64 02414 0020

APU

N64024140020

Description

This exceptional redevelopment opportunity presents a vacant, 2,899 square foot traditional office building situated on a 0.29-acre lot in desirable Kettering, Ohio. The two-story, Class C building, constructed in 1959, offers significant potential for renovation and repurposing. Currently vacant, this property presents a blank canvas for a discerning investor seeking a prime location. The asking price is $225,000, translating to $77.61 per square foot. Its strategic location offers excellent visibility, being situated on a main thoroughfare with easy access to I-675 and just blocks from the Greene shopping center, ensuring high traffic and convenient access for any business. The property's previous use as a real estate office speaks to its suitability for professional services. While renovations were initiated by the current owners, they remain incomplete, presenting a unique chance to customize the space to meet specific needs. This is an ideal investment for those seeking a high-impact project with significant upside potential in a thriving commercial area. The property is located at 2400 E. Dorothy Ln, Dayton, OH 45420, within Montgomery County.

• CAP approach

  CAP return

  Valuation

  6%

  $458,198

  6.5%

  $422,952

  7%

  $392,741

• Comparable approach

  Method

  Valuation

  Relative Method

  $57,081

  Geo Method

  $57,081

• Alternative Use

  Use

  Valuation

  Residential

  $524,460

  Hospitality

  $480,403

  Educational

  $399,689

  Medical

  $413,435

  Retail

  $621,739

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.7014

Longitude

-84.1207

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].