1932 Whipp RdKettering, OH 45440

Property Details for 1932 Whipp Rd

Year built

1980

Lot size

0.98 AC

Property size (Sq ft)

2,800 SF

Property type

Office properties

Property subtype

Office buildings

APN

N64 04202 0002

APU

N64042020002

Description

This well-maintained, 2,800 square foot Class C office building is situated on a desirable 0.98-acre lot in Kettering, Ohio, offering significant development potential. Located at 1932 E Whipp Rd, Dayton, OH 45440, this property presents a compelling opportunity for investors or owner-operators. Built in 1980 by the original owner, the building is currently vacant, providing immediate flexibility for a new tenant or business. Key features include a 24-hour security system, a functional telephone system with nine lines, and a convenient two-car garage. The property's strategic location within the thriving Dayton market ensures lasting value, making it an attractive investment for those seeking a strong return. The ample land provides options for future expansion or redevelopment, adding to the overall appeal. This is a rare opportunity to acquire a well-maintained office building in a prime location with significant upside potential. The asking price is $550,000.

• CAP approach

  CAP return

  Valuation

  6%

  $442,550

  6.5%

  $408,508

  7%

  $379,329

• Comparable approach

  Method

  Valuation

  Relative Method

  $55,132

  Geo Method

  $55,132

• Alternative Use

  Use

  Valuation

  Residential

  $506,550

  Hospitality

  $463,997

  Educational

  $386,040

  Medical

  $399,317

  Retail

  $600,507

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.6595

Longitude

-84.1327

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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