8963 Kingsridge DrDayton, OH 45458

Property Details for 8963 Kingsridge Dr

Year built

1979

Construction

FRAME

Lot size

1.19 AC

Property size (Sq ft)

19,250 SF

Property type

Retail properties

Property subtype

Strip malls

APN

K45 02604 0106

APU

K45026040106

Description

Kingsridge Plaza presents a prime retail opportunity in Dayton's bustling Mall area. This single-story, 19,145 square foot building, constructed in 1979, sits on a 1.2-acre lot and features a convenient L-shaped design. The property boasts ample parking with 50 spaces available for tenants and customers. Currently, a 4,025 square foot space is available for lease, ideal for office or restaurant use. This unit offers a large open area, abundant natural light from its front windows, and convenient parking directly in front. The property's location provides easy access to amenities and is situated near I-75, ensuring high visibility and accessibility. The zoning is B-3 Business District, within Montgomery County (APN: K-45-02604-0106). The lease rate is $14.50 per square foot, modified gross, with tenants responsible for internet, utilities, and interior maintenance. This property is perfect for businesses seeking a high-traffic location with excellent visibility and convenient parking. The building is comprised of multiple tenants, offering a vibrant and established commercial environment. No elevators are present in this single-story building. The cross street is Springboro Pike.

• CAP approach

  CAP return

  Valuation

  6%

  $4,483,036

  6.5%

  $4,138,187

  7%

  $3,842,602

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,755,598

  Geo Method

  $955,162

• Alternative Use

  Use

  Valuation

  Residential

  $3,490,716

  Hospitality

  $3,197,477

  Educational

  $2,660,263

  Medical

  $2,751,754

  Retail

  $4,138,187

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.6309

Longitude

-84.2232

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].