7711 Hoke RdClayton, OH 45315

Property Details for 7711 Hoke Rd

Year built

2007

Construction

WOOD

Lot size

0.75 AC

Property size (Sq ft)

1,736 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

M57 00720T0011

APU

M5700720T0011

Description

This exceptional 1,736 square foot retail property, specifically a single-tenant drive-thru restaurant, presents a compelling investment opportunity in the thriving Clayton, Ohio market. Situated at 7711 Hoke Road, this strategically located establishment benefits from high visibility and convenient access, positioned directly in front of a Walmart in Englewood, OH. The property's prime location at a busy intersection ensures significant foot and vehicle traffic, translating to substantial potential for revenue generation. The single-tenancy aspect offers streamlined management and predictable income streams. The building's 1,736 square feet provides ample space for efficient operations, catering to the demands of a busy drive-thru restaurant. This property is ideal for investors seeking a stable, high-traffic retail investment in a well-established Ohio community. The property's location near a major retailer like Walmart further enhances its appeal and potential for long-term success. The address is 7711 Hoke Rd, Clayton, OH 45315. This is a rare opportunity to acquire a well-positioned, established drive-thru restaurant in a high-demand area. The property's strong location and operational efficiency make it an attractive investment for both seasoned and emerging investors in the commercial real estate sector. The property type is retail, specifically a restaurant, and offers a single tenancy. This presents a straightforward and manageable investment with clear potential for growth and return.

• CAP approach

  CAP return

  Valuation

  6%

  $420,100

  6.5%

  $387,785

  7%

  $360,086

• Comparable approach

  Method

  Valuation

  Relative Method

  $290,649

  Geo Method

  $86,138

• Alternative Use

  Use

  Valuation

  Residential

  $327,111

  Hospitality

  $299,632

  Educational

  $249,290

  Medical

  $257,864

  Retail

  $387,785

Location Insight

City

Englewood

County

Montgomery

State

Ohio

Latitude

39.8569

Longitude

-84.3313

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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