3155 Elbee RdMoraine, OH 45439

Property Details for 3155 Elbee Rd

Year built

1969

Lot size

11.30 AC

Property size (Sq ft)

301,010 SF

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

J44 04103 0138

APU

J44041030138

Description

This exceptional 301,010 square foot multi-tenant property at 3155 Elbee Road in Moraine, Ohio, presents a unique opportunity for businesses seeking flexible office and industrial space. Situated on 11.17 acres, this single, three-story building offers a variety of configurations, with a minimum divisible space of 8,000 square feet and a maximum contiguous space of 13,032 square feet. Currently, 21,032 square feet is available for lease. The property boasts 14 loading docks, ample parking with 800 spaces, and a substantial 14' ceiling height, ideal for various operational needs. Built in 1969, the building is zoned M-1 and features 480-volt 3-phase power, ensuring sufficient capacity for diverse industrial applications. The property's location in Montgomery County, Ohio, provides easy access to major transportation routes and a skilled workforce. This versatile property is perfect for businesses requiring both executive office space and warehouse/distribution capabilities, offering a blend of modern functionality and established infrastructure. The APN is J44-04103-0138. This is an excellent opportunity to secure prime commercial real estate in a thriving Ohio market.

• CAP approach

  CAP return

  Valuation

  6%

  $59,197,940

  6.5%

  $54,644,252

  7%

  $50,741,092

• Comparable approach

  Method

  Valuation

  Relative Method

  $30,846,382

  Geo Method

  $9,186,675

• Alternative Use

  Use

  Valuation

  Residential

  $54,644,252

  Hospitality

  $50,053,840

  Educational

  $41,644,208

  Medical

  $43,076,416

  Retail

  $64,779,880

Location Insight

City

Moraine

County

Montgomery

State

Ohio

Latitude

39.7063

Longitude

-84.208

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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