9-Cap Medical Investment | 8940 Kingsridge Dr
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9-Cap Medical Investment 8940 Kingsridge Dr
12,572 SF Office Building Dayton, OH 45458 $139,900 ($11/SF)
Investment Highlights
- 9 Cap Investment, Estimated
Executive Summary
9 Cap Investment this has been leased on new 3 year lease. AS of 3-24 this would net $12,500 per year. 1315 (1185 sq.ft. net rentable) square foot office condominium historically used for medical. Configuration is 6 offices plus large open area, 2 baths and utilizes a common waiting area. Has private door entry. 4 of the offices-rooms are wet (have plumbing for sinks) Large open area could be utilized (with modifications) as a large conference room or area for business machines.
This is an office condominium and shares 1,750 square foot common area waiting space with several medical practices. There are two restrooms in the waiting area. Plenty of parking. Located in Miami Township with no local earnings tax. RE taxes for this unit $275 per month. Unit Owners fee is $327.61 per month. Exterior maintenance, common area maintenance and cleaning, building insurance, landscape & snow removal. UNIT # 105
This is an office condominium and shares 1,750 square foot common area waiting space with several medical practices. There are two restrooms in the waiting area. Plenty of parking. Located in Miami Township with no local earnings tax. RE taxes for this unit $275 per month. Unit Owners fee is $327.61 per month. Exterior maintenance, common area maintenance and cleaning, building insurance, landscape & snow removal. UNIT # 105
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,572 SF
Building Class
C
Year Built
1988
Price
$139,900
Price Per SF
$11
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,572 SF
Building FAR
0.29
Lot Size
1.00 AC
Zoning
Office
Parking
50 Spaces (3.98 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $224,300 | |
| Land Assessment | $122,490 | Total Assessment | $346,790 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$122,490
Improvements Assessment
$224,300
Total Assessment
$346,790
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9-Cap Medical Investment | 8940 Kingsridge Dr
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