5327 3Rd StDayton, OH 45417

  • Commercial real estate
  • 3,112 SF
For Sale
$2,115,250 View listing

Property Details for 5327 3Rd St

Year built
1920
Construction
WOOD
Lot size
41.14 AC
Property size (Sq ft)
3,112 SF
Property type
Commercial real estate
APN
H33302311 0020
APU
H333023110020

Description

This exceptional 84.61-acre development site in Dayton, Ohio, presents a unique investment opportunity. Strategically located at 5327 W. Third St, in Montgomery County, zip code 45417, the property boasts diverse zoning, offering significant flexibility for various projects. A substantial 41.12 acres are zoned I-PUD (Industrial Planned Unit Development), ideal for industrial, manufacturing, or commercial ventures. Simultaneously, 43.49 acres are zoned RSF-H (Residential Single Family – High Density), perfect for high-density residential development, maximizing land use and potential returns. The asking price is $2,115,250, translating to approximately $25,000 per acre. This prime location offers easy access to US-35, enhancing logistics and commuting convenience, while also being a short 10-minute drive from Downtown Dayton, providing access to urban amenities. The property's versatility, combined with its strategic location and attractive price point, makes it an exceptional opportunity for developers seeking a large-scale project with diverse development potential. This is a rare chance to acquire a significant land parcel with both industrial and residential zoning in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $564,317
    Hospitality
    $516,912
    Educational
    $430,064
    Medical
    $444,855
    Retail
    $668,989

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.7493
Longitude
-84.2746
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
$7,393
$62,700
$8,610
$71,310
-
$179,130
$24,610
$203,740

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