40 Southmoor CirKettering, OH 45429

Property Details for 40 Southmoor Cir

Year built

1941

Construction

WOOD

Lot size

0.26 AC

Property size (Sq ft)

3,473 SF

Property type

Investment properties

Property subtype

Live-work space

APN

N64 00604 0010

APU

N64006040010

Description

This freestanding professional building, located at 40 Southmoor Cir NE in Kettering, Ohio (45429), presents a unique investment opportunity. The 3,473 square foot building, constructed in 1960, is classified as Class C and features a mixed-use design, previously occupied by an optometric center. The main space boasts an attractive front entrance and includes a reception area with waiting room, two smaller offices, one large front office, and a spacious open area. Upstairs, a loft-style area provides additional large rooms. Three sizable rooms with a separate entrance are located to the left of the main hallway. A full basement offers four rooms and a bathroom. Ample parking is available with 14 spaces, including a designated handicapped-accessible entrance at the rear of the building. The property's APN is N64 00604 0010. This property is being offered for sale by owner at $279,900. The building is situated in Montgomery County.

• CAP approach

  CAP return

  Valuation

  6%

  $548,921

  6.5%

  $506,696

  7%

  $470,503

• Comparable approach

  Method

  Valuation

  Relative Method

  $68,383

  Geo Method

  $68,383

• Alternative Use

  Use

  Valuation

  Residential

  $628,303

  Hospitality

  $575,522

  Educational

  $478,828

  Medical

  $495,295

  Retail

  $744,843

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.69

Longitude

-84.1672

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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