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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
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
Lot Size
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.
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- 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
| Parcel Number | B02-00128-0032 | Total Assessment | $196,930 (2024) |
| Land Assessment | $37,910 (2024) | Annual Taxes | $13,938 ($1.39/SF) |
| Improvements Assessment | $159,020 (2024) | Tax Year | 2020 |
PROPERTY TAXES
Parcel Number
B02-00128-0032
Land Assessment
$37,910 (2024)
Improvements Assessment
$159,020 (2024)
Total Assessment
$196,930 (2024)
Annual Taxes
$13,938 ($1.39/SF)
Tax Year
2020
MAP
ADDITIONAL PHOTOS
property
Untitled
plat
Primary Photo