518 Miamisburg Centerville RdDayton, OH 45459

Property Details for 518 Miamisburg Centerville Rd

Year built

1978

Lot size

6.13 AC

Property size (Sq ft)

81,266 SF

Property type

Retail properties

Property subtype

Strip malls

APN

O67 03815 0044

APU

O67038150044

Description

This exceptional retail opportunity is located in the highly desirable Centerville submarket, offering unparalleled visibility and accessibility. The property, known as Home Center, is a strip center featuring two available spaces, ranging from 1,195 square feet to 12,400 square feet, providing flexibility for various retail concepts. Its prime location on Miamisburg-Centerville Road boasts exceptional visibility and high traffic counts, exceeding 18,000 vehicles per day. This strategic positioning ensures maximum exposure to a large and affluent customer base. The center benefits from its proximity to numerous national retailers, including Big Lots, Sam's Club, Whole Foods, Esporta Fitness, Sky Zone, and Arhaus, creating a synergistic environment and attracting a significant volume of shoppers. Convenient access to I-675 further enhances accessibility for both customers and employees. Furthermore, the property offers attractive signage opportunities, including overhead and monument signage, providing excellent branding potential for tenants. This is a rare opportunity to establish a presence in a thriving retail hub with strong demographics and high traffic volume. Don't miss this chance to secure your place in Centerville's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $18,925,632

  6.5%

  $17,469,814

  7%

  $16,221,971

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,854,674

  Geo Method

  $4,032,322

• Alternative Use

  Use

  Valuation

  Residential

  $14,736,442

  Hospitality

  $13,498,502

  Educational

  $11,230,595

  Medical

  $11,616,832

  Retail

  $17,469,814

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.6269

Longitude

-84.1737

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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