4140 Salem AveTrotwood, OH 45416

Property Details for 4140 Salem Ave

Year built

2008

Lot size

4.32 AC

Property size (Sq ft)

10,543 SF

Property type

Medical offices

Property subtype

Medical centers

APN

H33302201 0175

APU

H333022010175

Description

This exceptional 10,543 square foot multi-tenant office building, located at 4140 Salem Avenue in Trotwood, Ohio, presents a compelling investment opportunity. Built in 2008, this Class B property sits on a generous 4.319-acre lot and is currently configured to accommodate a variety of medical and office uses. The asking price is $950,000, translating to $90.11 per square foot. The building features a spacious lobby and is currently occupied by a family practice, a pharmacy, and one additional office space, with two additional shell spaces available for immediate lease-up or build-out. The existing tenants provide a strong foundation for immediate cash flow, while the available shell space offers significant potential for expansion and increased revenue. The property's versatile design and prime location in Montgomery County, Ohio (APN: H33 302201 0175, Zip Code: 45416) make it an ideal investment for both seasoned and emerging investors seeking a stable, income-producing asset with significant upside potential. The building's existing medical build-out provides a seamless transition for healthcare providers, while the adaptable shell spaces offer flexibility for a variety of office uses. This property offers a unique blend of immediate income and future growth opportunities. The large lobby allows for multiple suites, potentially 3-5, depending on tenant needs. This is a rare opportunity to acquire a well-maintained, multi-tenant property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,945,577

  6.5%

  $1,795,917

  7%

  $1,667,637

• Comparable approach

  Method

  Valuation

  Relative Method

  $337,900

  Geo Method

  $207,592

• Alternative Use

  Use

  Valuation

  Residential

  $2,226,937

  Hospitality

  $2,039,862

  Educational

  $1,697,142

  Medical

  $1,755,509

  Retail

  $2,639,998

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.8048

Longitude

-84.2573

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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