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812 E National Rd

10,000 SF 100% Leased Office Building Vandalia, OH 45377 $1,000,000 ($100/SF)

Investment Highlights

  • Immediate Access to I-75
  • Excellent Traffic Counts
  • Zoned Highway Business
  • Prime location for office or retail development

Executive Summary

Prime development opportunity with immediate access to I-75. All tenants on month-to-month leases. Reuse the current building, or build new and keep the remaining site improvements. Excellent traffic counts. Close to Dayton International Airport and the I-70/75 interchange.

Financial Summary (Actual - 2020)

Annual Annual Per SF
Gross Rental Income $101,150 $10.12
Other Income - -
Vacancy Loss - -
Effective Gross Income $101,150 $10.12
Taxes $13,938 $1.39
Operating Expenses $12,981 $1.30
Total Expenses $26,919 $2.69
Net Operating Income $74,231 $7.42

Financial Summary (Actual - 2020)

Gross Rental Income
Annual $101,150
Annual Per SF $10.12
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $101,150
Annual Per SF $10.12
Taxes
Annual $13,938
Annual Per SF $1.39
Operating Expenses
Annual $12,981
Annual Per SF $1.30
Total Expenses
Annual $26,919
Annual Per SF $2.69
Net Operating Income
Annual $74,231
Annual Per SF $7.42

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
10,000 SF
Building Class
C
Year Built
1963
Price
$1,000,000
Price Per SF
$100
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,000 SF
Building FAR
0.26
Land Acres
0.88 AC
Zoning
HB - Highway Business
Parking
52 Spaces (5.2 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -

The American Family Enterprise is a family of companies dedicated to delivering unparalleled service and exceptional protection to their customers. Their mission is to make a meaningful difference in their communities, their environment, and for their people as proactive protectors of what matters most.

  • Finance and Insurance
  • 5,000 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Finance and Insurance - - -
Finance and Insurance 5,000 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B02-00128-0032
Land Assessment
$37,910 (2023)
Improvements Assessment
$159,020 (2023)
Total Assessment
$196,930 (2023)
Annual Taxes
$13,938 ($1.39/SF)
Tax Year
2020
  • Listing ID: 22152282

  • Date on Market: 2/3/2021

  • Last Updated:

  • Address: 812 E National Rd, Vandalia, OH 45377

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