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(FOR SALE) 526 Milburn Ave 143,000 SF 1% Leased Industrial Building Dayton, OH 45404 $6,495,000 ($45.42/SF) 11% Cap Rate




INVESTMENT HIGHLIGHTS
- Investment Opportunity!
- Up to 22' Clear Height
- Huge Outside Storage
- 1 Minute Freeway Access
- Heavy Power
- Security Cameras/Fences
EXECUTIVE SUMMARY
Located in the heart of Dayton, Ohio, 526 Milburn Avenue presents a prime industrial real estate opportunity with a sale-leaseback structure.
This expansive 143,000-square-foot warehouse sits on 6.89 acres and boasts a strategic location with immediate freeway access. Offering up to 22 feet of clear height, the facility is designed for efficiency, featuring heavy power capabilities with 2,000 and 3,000 amps at 220/480 volts, as well as a wet sprinkler system for enhanced safety. With 9 dock doors, 9 drive-in doors, and a robust 6-12 inch thick floor, this industrial property is built to accommodate a range of operations.
The site is fully equipped with city water, sewer, and natural gas, while forced air gas heating ensures optimal working conditions. T-8 lighting and a wide column spacing of 120-130 feet contribute to a well-lit and spacious environment. Zoned I-2 Industrial, this property is ideal for businesses looking for extensive outside storage, superior infrastructure, and an attractive 11% cap rate.
For more information, contact Tim Echemann or Conrad Echemann at IPB Industrial.
This expansive 143,000-square-foot warehouse sits on 6.89 acres and boasts a strategic location with immediate freeway access. Offering up to 22 feet of clear height, the facility is designed for efficiency, featuring heavy power capabilities with 2,000 and 3,000 amps at 220/480 volts, as well as a wet sprinkler system for enhanced safety. With 9 dock doors, 9 drive-in doors, and a robust 6-12 inch thick floor, this industrial property is built to accommodate a range of operations.
The site is fully equipped with city water, sewer, and natural gas, while forced air gas heating ensures optimal working conditions. T-8 lighting and a wide column spacing of 120-130 feet contribute to a well-lit and spacious environment. Zoned I-2 Industrial, this property is ideal for businesses looking for extensive outside storage, superior infrastructure, and an attractive 11% cap rate.
For more information, contact Tim Echemann or Conrad Echemann at IPB Industrial.
PROPERTY FACTS
Price | $6,495,000 | Rentable Building Area | 143,000 SF |
Price Per SF | $45.42 | No. Stories | 1 |
Sale Type | Investment or Owner User | Year Built | 1927 |
Cap Rate | 11% | Clear Ceiling Height | 17’ |
Property Type | Industrial | No. Dock-High Doors/Loading | 1 |
Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
Building Class | C | Opportunity Zone |
Yes
|
Lot Size | 6.89 AC |
Price | $6,495,000 |
Price Per SF | $45.42 |
Sale Type | Investment or Owner User |
Cap Rate | 11% |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 6.89 AC |
Rentable Building Area | 143,000 SF |
No. Stories | 1 |
Year Built | 1927 |
Clear Ceiling Height | 17’ |
No. Dock-High Doors/Loading | 1 |
No. Drive In / Grade-Level Doors | 3 |
Opportunity Zone |
Yes |
AMENITIES
- Fenced Lot
- Floor Drains
- Skylights
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Space | Size | Space Use | Condition | Available |
1st Floor | 70,500 SF | Industrial | - | Now |
1st Floor
Size |
70,500 SF |
Space Use |
Industrial |
Condition |
- |
Available |
Now |
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1st Floor
Size | 70,500 SF |
Space Use | Industrial |
Condition | - |
Available | Now |
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $160 | |
Land Assessment | $6,150 | Total Assessment | $6,310 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,150
Improvements Assessment
$160
Total Assessment
$6,310
ZONING
Zoning Code | I-2 (General Industrial) |
I-2 (General Industrial) |
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(FOR SALE) | 526 Milburn Ave
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