This exceptional Dayton, Ohio property, located at 9346-9350 Dayton Lebanon Pike, offers 5,386 square feet of versatile office and retail space. Situated on a 1.45-acre lot, this single-story building boasts two units. One unit, totaling 2,721 square feet, is currently vacant and ready for immediate occupancy. The second unit, encompassing 2,665 square feet, is currently leased. The property features a convenient drive-through capability, making it ideal for various businesses. Its prime location on State Route 48 ensures high visibility, with over 21,000 cars passing daily. The building, constructed in 1976, is zoned for office use and offers ample parking with a ratio of 8.5 spaces per 1,000 square feet, allowing for potential expansion. This property is suitable for professional or medical office use, as well as retail applications. The property's APN is O67-51231-0003, O67-51231-0006. This is a rare opportunity to acquire a well-located, versatile commercial property in a high-traffic area of Dayton. The property is available for sale or lease. Inquire today for more details.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$212,544
6.5%
$196,195
7%
$182,181
Comparable approach
Method
Valuation
Relative Method
$41,850
Geo Method
$26,424
Alternative Use
Use
Valuation
Residential
$243,281
Hospitality
$222,844
Educational
$185,404
Medical
$191,780
Retail
$288,406
Location Insight
City
Dayton
County
Montgomery
State
Ohio
Latitude
39.6087
Longitude
-84.1601
CBSA code
19430
CBSA name
DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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