3979 Indian Ripple RdBeavercreek, OH 45440

  • Strip malls
  • 22,100 SF
For Lease
$15/SF/YR View listing

Property Details for 3979 Indian Ripple Rd

Year built
1994
Lot size
1.97 AC
Property size (Sq ft)
22,100 SF
Zone code
B2
Property type
Strip malls
Property subtype
Neighborhood centers
APN
B42-0003-0021.0-0132.00
APU
B42000300210013200

Description

This 22,100 square foot single-story retail strip center, located at 3979 Indian Ripple Road in Beavercreek, Ohio, presents a fantastic leasing opportunity. Built in 1994, the property sits on a 1.97-acre lot and features multiple tenancies. Currently, there is 1,500 square feet of vacant space available, ideal for a variety of retail businesses. The property's prime location in Greene County (APN: B42000300210013200), with easy access and high visibility, ensures significant foot traffic and exposure. The existing structure offers a well-maintained and established retail environment. This is an excellent chance to establish or expand your business in a thriving community. The property's convenient location in Beavercreek, Ohio, zip code 45440, offers easy access to major roadways and a strong customer base. The 1,500 square feet of vacant space provides ample room for customization and tenant improvements to suit specific business needs. This opportunity is perfect for businesses seeking high visibility and a strong presence in a busy retail area. Don't miss out on this chance to secure a prime retail location in a desirable market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,134,692
    6.5%
    $4,739,716
    7%
    $4,401,164
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,096,576
    Geo Method
    $1,096,576
  • Alternative Use

    Use
    Valuation
    Residential
    $3,998,128
    Hospitality
    $3,662,263
    Educational
    $3,046,960
    Medical
    $3,151,750
    Retail
    $4,739,716

Location Insight

City
Dayton
County
Greene
State
Ohio
Latitude
39.6946
Longitude
-84.0838
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
$37,218
$78,310
$388,440
$466,750
-
$223,740
$1,109,840
$1,333,580

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