60 Broad StFairborn, OH 45324

Property Details for 60 Broad St

Year built

2017

Lot size

0.08 AC

Property size (Sq ft)

5,430 SF

Zone code

B-2

Property type

Retail properties

Property subtype

Drive through restaurants

APN

A02-0001-0001.0-0010.00

APU

A02000100010001000

Description

This 2,889 square foot quick-service restaurant (QSR) boasts a prime location directly across from Wright-Patterson Air Force Base in Dayton, Ohio. Built in 2018, the single-story building sits on a 0.95-acre lot and includes 27 parking spaces, ensuring ample customer convenience. The property is zoned DC and features a convenient drive-thru, maximizing operational efficiency and customer accessibility. The building is part of a thriving retail market currently undergoing a significant multi-million dollar renovation on Broad Street, aimed at creating a dynamic and attractive community retail hub. This investment opportunity presents a chance to capitalize on the high visibility and strong foot traffic generated by the Air Force Base and the ongoing revitalization efforts. The single-tenant occupancy simplifies management, while the substantial lot size offers potential for future expansion or development. The property's APN is A02-0001-0001-0-0010-00. This is an exceptional opportunity for a savvy investor seeking a well-positioned, high-performing QSR property in a rapidly developing area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,531,643

  6.5%

  $1,413,824

  7%

  $1,312,837

• Comparable approach

  Method

  Valuation

  Relative Method

  $269,430

  Geo Method

  $269,430

• Alternative Use

  Use

  Valuation

  Residential

  $1,192,614

  Hospitality

  $1,092,428

  Educational

  $908,887

  Medical

  $940,145

  Retail

  $1,413,824

Location Insight

City

Fairborn

County

Greene

State

Ohio

Latitude

39.82

Longitude

-84.0273

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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