711 Monument AveDayton, OH 45402

Property Details for 711 Monument Ave

Year built

2009

Property size (Sq ft)

29,868 SF

Property type

Office properties

Property subtype

Office buildings

APN

R72 00908T0014

APU

R7200908T0014

Description

Tech Town II offers 30,000 square feet of available Class A office space in a prime Dayton, Ohio location. This three-story, 48,050-square-foot building, constructed in 2009, sits on a 1.39-acre lot and boasts 100 parking spaces. The property features a quiet, park-like setting and is ideally suited for office, laboratory, and research uses, with flexible floor plans accommodating diverse needs. Currently, there are two spaces available, totaling up to 30,000 square feet. The building's location within Dayton's thriving east area offers proximity to Fifth Third Field and over 500 multi-family units, ensuring a vibrant and convenient environment. Its strategic placement near Wright-Patterson Air Force Base, a key hub for aerospace innovation, provides unparalleled access to a highly skilled workforce and significant research and development opportunities. The area is also home to top R&D institutes, including the University of Dayton Research Institute and the Air Force Research Laboratory, fostering collaboration and access to cutting-edge technology. Furthermore, the building benefits from a strong support system for commercialization, including multiple technology incubators and access to numerous universities and colleges in the region. The property is energy-efficient, features open Wi-Fi, and holds LEED certification from the U.S. Green Building Council. APN: R72-00908-0014, R72-00908-0015.

• CAP approach

  CAP return

  Valuation

  6%

  $5,731,214

  6.5%

  $5,290,351

  7%

  $4,912,468

• Comparable approach

  Method

  Valuation

  Relative Method

  $588,101

  Geo Method

  $588,101

• Alternative Use

  Use

  Valuation

  Residential

  $6,560,035

  Hospitality

  $6,008,957

  Educational

  $4,999,382

  Medical

  $5,171,318

  Retail

  $7,776,816

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.7661

Longitude

-84.1807

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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