6955 Miller LnDayton, OH 45414

Property Details for 6955 Miller Ln

Year built

1992

Lot size

15.86 AC

Property size (Sq ft)

139,209 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

A01 21305 0001

APU

A01213050001

Description

This exceptional 0.5-acre commercial land parcel presents a unique investment opportunity in Dayton, Ohio. Located at 6955 Miller Lane, this vacant property boasts unparalleled visibility, situated directly in front of Sam's Club and Walmart, two of the area's highest traffic generators. The property's prime location ensures significant daily and weekend traffic exposure, making it ideal for a variety of retail businesses. The "for sale" status offers immediate development potential. The property is classified as retail land and is currently vacant, providing a blank canvas for a new business venture. Its strategic placement ensures maximum brand visibility and accessibility for customers. The property's size, combined with its high-traffic location, presents a compelling opportunity for businesses seeking a strong foothold in a thriving retail market. Montgomery County's robust economy and the consistent foot traffic generated by the adjacent retail giants create a highly desirable environment for potential tenants. This is a rare chance to acquire a highly visible and accessible retail property in a prime Dayton location. The property's vacant status allows for immediate development and customization to suit specific business needs. The 45414 zip code further underscores the property's strategic location within a well-established commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $39,266,760

  6.5%

  $36,246,240

  7%

  $33,657,224

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,907,384

  Geo Method

  $6,907,384

• Alternative Use

  Use

  Valuation

  Residential

  $30,575,060

  Hospitality

  $28,006,592

  Educational

  $23,301,156

  Medical

  $24,102,518

  Retail

  $36,246,240

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.8479

Longitude

-84.1945

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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