620 Geyer StDayton, OH 45405

  • Warehouses
  • 0.07 AC
For Sale
$625,000 View listing

Property Details for 620 Geyer St

Lot size
0.07 AC
Property type
Warehouses
Property subtype
Self storage facilities
APN
R72 06704 0020
APU
R72067040020

Description

This exceptional mixed-use redevelopment opportunity presents a unique chance to acquire a substantial 30,415 square foot industrial property located at 620 Geyer Street in Dayton, Ohio. The property, a former Underwood-Talmage Candy Company site, boasts a rich history and sits on a 0.34-acre lot (APN: R72-06704-0019, -0020, -0021, -0060). The four-story building, constructed pre-1900, is currently vacant and zoned MR-5, aligning perfectly with the City of Dayton's support for redevelopment in this area. Significant potential exists for expansion, with adjacent parcels offering opportunities for additional parking or further development. The property benefits from recent upgrades to the electrical service and roof, minimizing upfront redevelopment costs. Further reducing costs, historical tax credits are available. The upcoming North Main Street Safety Improvements, commencing in 2024, will enhance the property's accessibility and attractiveness. This is a prime investment opportunity for developers seeking a substantial project with significant upside in a revitalizing area of Dayton. The asking price is $625,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $668,786
    Hospitality
    $612,605
    Educational
    $509,680
    Medical
    $527,208
    Retail
    $792,835

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.774
Longitude
-84.2003
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
$211
$2,090
-
$2,090
-
$5,960
-
$5,960

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