881 Dixie DrDayton, OH 45449

Property Details for 881 Dixie Dr

Year built

1968

Construction

FRAME

Lot size

0.90 AC

Property size (Sq ft)

30,286 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

K48 00111 0196

APU

K48001110196

Description

This exceptional industrial property at 881 E Dixie Drive offers 30,286 square feet of warehouse space in a single, two-story building constructed in 1968. The property is classified as Class C and sits on 0.9 acres of land. Currently, 20,000 square feet is available for lease, divisible into units of at least 10,000 contiguous square feet. The building features three total suites, with a maximum contiguous space of 10,000 square feet. The flexible design includes climate-controlled storage on both floors. The second floor boasts a large open area with a partially completed banquet hall build-out, presenting unique possibilities for adaptive reuse. This space is well-suited for various storage and warehousing needs, including records storage. Ample parking is provided with 75 spaces, offering a parking ratio of 6.82 spaces per 1,000 square feet. The building includes elevators for convenient access to both floors. The property's APN is K48-00111-0196. This is an excellent opportunity to secure a well-located, versatile warehouse space with significant potential.

• CAP approach

  CAP return

  Valuation

  6%

  $7,053,155

  6.5%

  $6,510,604

  7%

  $6,045,562

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,908,678

  Geo Method

  $1,502,755

• Alternative Use

  Use

  Valuation

  Residential

  $5,491,938

  Hospitality

  $5,030,586

  Educational

  $4,185,389

  Medical

  $4,329,330

  Retail

  $6,510,604

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.6771

Longitude

-84.2394

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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