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

Mixed-use properties

Property subtype

Other investment properties

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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