5114 Salem AveDayton, OH 45426

Property Details for 5114 Salem Ave

Year built

1969

Lot size

16.86 AC

Property size (Sq ft)

146,363 SF

Property type

Retail properties

Property subtype

Community centers

APN

H33 02111 0050

APU

H33021110050

Description

This exceptional 141,616-square-foot vacant shopping center presents a significant redevelopment opportunity in Dayton, Ohio. Located on a substantial 16.86-acre lot, this single-story, 1968-built property underwent renovations in 1996. Previously anchored by Burlington, it offers a compelling investment at $2,300,000, significantly below replacement cost, translating to $16.24 per square foot of land value. The property boasts excellent freeway access, situated just 3 miles south of I-70 and 4.5 miles west of I-75, ensuring high visibility and convenient access. The large parcel size allows for diverse development options, including potential outdoor storage or further land monetization. Annual real estate taxes are $40,378. This prime location in Montgomery County, at 5114 Salem Ave, Dayton, OH 45426, offers unparalleled potential for investors seeking a high-impact project. The property's size and strategic location make it ideal for a variety of retail or redevelopment projects. Don't miss this chance to acquire a substantial asset in a thriving market.

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.8157

Longitude

-84.2775

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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