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Executive Summary

Prime Investment Opportunity in the Heart of Bellbrook ! This Office Building Sits in a High Visibality and Traffic Area Surrounded by Shopping, Dining, & Interstate Access at Wilmington Pk ! Currently Occupied by 3 Tenants, Two Dentists & a Photographer Lease the Space. Landlord Takes Care of Landscaping & Common Area (Lobby, Etc) Electric. Plenty of Parking. Many Recent Exterior Projects Completed. Tours Available Friday-Sunday. These Don’t Come Around Often.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $111,176 $16.63
Other Income - -
Vacancy Loss - -
Effective Gross Income $111,176 $16.63
Taxes $18,127 $2.71
Operating Expenses $5,045 $0.75
Total Expenses $23,172 $3.47
Net Operating Income $88,004 $13.17

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $111,176
Annual Per SF $16.63
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $111,176
Annual Per SF $16.63
Taxes
Annual $18,127
Annual Per SF $2.71
Operating Expenses
Annual $5,045
Annual Per SF $0.75
Total Expenses
Annual $23,172
Annual Per SF $3.47
Net Operating Income
Annual $88,004
Annual Per SF $13.17

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,684 SF
Building Class
C
Year Built
1988
Price
$1,299,000
Price Per SF
$194.34
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,684 SF
Building FAR
0.12
Lot Size
1.26 AC
Zoning
O-1

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • May 2021

Bellbrook Neighborhood Dental serves Bellbrook, Centerville, Kettering, Xenia and Waynesville, Ohio providing complete oral health care for the entire family. Services include the latest in cosmetic dentistry for that winning smile that you’ve always wanted. With over 40 years of experience, Dr. Bill Dahling, DDS will put you at ease immediately. He takes the time to explain your treatment options and answer all your questions so you can be a partner in your dental health program. Dr. Dahling understands that some people avoid getting the dental treatment they need because of cost. That is why he accepts most dental insurances and makes available an affordable dental plan.

  • Health Care and Social Assistance
  • -
  • -
  • Mar 2022

Welcome to the website of Hagler Orthodontics, where our top priority is helping you achieve and maintain a beautiful, straight smile! With two offices conveniently located in Xenia and Bellbrook, Ohio, Dr. Hagler and his team are confident you will be satisfied with the results you receive while in our care. We serve surrounding areas of Cedarville, Yellow Springs, Fairborn, Jamestown, Wilmington, Waynesville, Springboro, Centerville, Kettering, and Enon. We are committed to staying on the cutting-edge of the latest advancements in orthodontics and will work with each patient individually to create a personalized treatment plan to meet your individual needs and desires.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -

State Farm began in 1922 when G.J. Mecherle founded the business in central Illinois as an auto insurance company built around fairness for farmers and other drivers. The company has since grown into a mutual insurer that offers auto, home, renters, life, health, and business coverage, along with financial services and claims support. State Farm’s public materials describe a long-running focus on helping customers manage everyday risks, recover from unexpected events, and plan for the future. Recent company reporting also shows a broad market presence across insurance and related services, with a wide network of agent offices serving millions of policies and accounts.

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance - - May 2021
Health Care and Social Assistance - - Mar 2022
Professional, Scientific, and Technical Services - - -
Finance and Insurance - - -
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
L35-0001-0015-0-0001-00
Land Assessment
$109,040
Improvements Assessment
$119,670
Total Assessment
$228,710
Annual Taxes
$18,127 ($2.71/SF)
Tax Year
2025
  • Listing ID: 40189161

  • Date on Market: 4/17/2026

  • Last Updated:

  • Address: 1964 N Lakeman Dr, Bellbrook, OH 45305

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