2740 National RdDayton, OH 45414

Property Details for 2740 National Rd

Year built

1999

Lot size

2.97 AC

Property size (Sq ft)

8,800 SF

Property type

Retail properties

Property subtype

Retail space

APN

B02 01015 0040

APU

B02010150040

Description

This exceptional 8,800-square-foot commercial building presents a unique investment opportunity. Situated on a 2.97-acre lot in Vandalia, Ohio, across from Dayton International Airport, this property boasts high visibility and convenient access to I-70 and I-75. The building, renovated in 2015, includes two garage areas totaling 5,070 square feet (4,013 sq ft and 1,057 sq ft), featuring 12 ft and 10 ft drive-thru overhead doors and a car lift. The approximately 3,700 square feet of office space offers three bathrooms, a conference room, reception area, and break room. The warehouse is heated and air-conditioned. The property is zoned I/I (Industrial/Industrial), allowing for light manufacturing, warehouse, and office uses. Additional permitted and conditional uses can be verified with Planning and Zoning. The property includes a 3-year-old septic system and well water. A chain-link fence encloses the rear parking lot. Currently occupied by a tenant under lease from June 2024 to May 2025, this property offers flexibility for new owners to either retain the existing tenant or secure new occupancy. This prime location ensures substantial exposure and accessibility for any business.

• CAP approach

  CAP return

  Valuation

  6%

  $2,482,221

  6.5%

  $2,291,281

  7%

  $2,127,618

• Comparable approach

  Method

  Valuation

  Relative Method

  $436,645

  Geo Method

  $436,645

• Alternative Use

  Use

  Valuation

  Residential

  $1,932,781

  Hospitality

  $1,770,417

  Educational

  $1,472,966

  Medical

  $1,523,624

  Retail

  $2,291,281

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.8855

Longitude

-84.2481

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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