540 Lincoln Park BlvdKettering, OH 45429

Property Details for 540 Lincoln Park Blvd

Year built

2001

Lot size

2.00 AC

Property size (Sq ft)

41,389 SF

Property type

Office buildings

APN

N64 04321 0005

APU

N64043210005

Description

This three-story, 36,859 square foot Class B office building, constructed in 2002, offers multiple tenancy options in a park-like setting. Located at 540 Lincoln Park Blvd, Kettering, OH 45429 (near Shroyer Road), the property boasts 16,106 square feet of vacant space, divisible into units ranging from a minimum of 360 square feet to a maximum contiguous space of 8,387 square feet. The building features one passenger elevator and ample parking with over 470 spaces. Its zoning permits office uses, making it ideal for medical or traditional office tenants. The property sits on a 2-acre lot and is conveniently located across from The Fraze Pavilion, minutes from Kettering Medical Center and Miami Valley Hospital, and near various amenities including restaurants, financial institutions, grocery stores, and entertainment venues. The flexible floor plans can be adapted to suit a variety of needs. This is a move-in ready opportunity in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,541,686

  6.5%

  $6,038,480

  7%

  $5,607,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $814,949

  Geo Method

  $814,949

• Alternative Use

  Use

  Valuation

  Residential

  $7,487,714

  Hospitality

  $6,858,706

  Educational

  $5,706,363

  Medical

  $5,902,614

  Retail

  $8,876,565

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.6959

Longitude

-84.1594

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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