602 Taywood RdEnglewood, OH 45322

  • Retail properties
  • 5,700 SF
For Lease

Property Details for 602 Taywood Rd

Year built
1973
Construction
FRAME
Lot size
0.52 AC
Property size (Sq ft)
5,700 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
M57 00202 0035
APU
M57002020035

Description

This exceptional 0.52-acre commercial land parcel, located at 602 Taywood Rd in Englewood, Ohio, presents a unique investment opportunity. Situated in Montgomery County, this single-tenant property boasts a substantial 132,276 square feet of buildable space. Englewood is a thriving community within the Dayton Metro Area, offering unparalleled access to major transportation arteries. Less than 10 minutes from Dayton International Airport, the property benefits from direct access to Interstate 70 and proximity to Interstate 75, ensuring seamless connectivity for businesses and employees. Englewood's strong employee base, diverse housing options, abundant parks, and business-friendly municipal government create a highly desirable environment for commercial development. This prime location, combined with the significant land area, makes this property an ideal investment for a variety of commercial ventures. The property's zip code is 45322. The city of Englewood, founded in 1841, has a rich history and has been recognized as a top community in the Dayton-Springfield Metro Area. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving and strategically located Ohio community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,549,888
    6.5%
    $1,430,666
    7%
    $1,328,475
  • Comparable approach

    Method
    Valuation
    Relative Method
    $449,768
    Geo Method
    $282,827
  • Alternative Use

    Use
    Valuation
    Residential
    $1,206,820
    Hospitality
    $1,105,441
    Educational
    $919,714
    Medical
    $951,344
    Retail
    $1,430,666
602 Taywood Rd, Englewood, Ohio

Location Insight

City
Englewood
County
Montgomery
State
Ohio
Latitude
39.8669
Longitude
-84.2915
CBSA code
19430
CBSA name
DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,227
$50,000
-
$50,000
-
$142,870
-
$142,870

FAQs

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