3881 Salem AveDayton, OH 45406

  • Retail space
  • 1,336 SF
For Sale
$1,250,000 View listing

Property Details for 3881 Salem Ave

Year built
1997
Lot size
1.94 AC
Property size (Sq ft)
1,336 SF
Property type
Retail space
APN
E20 01107 0064
APU
E20011070064

Description

This exceptional 11,206-square-foot retail property is ideally situated at the prominent corner of Salem Avenue and Siebenthaler Avenue in Dayton, Ohio. The single-tenant building, constructed in 1997, sits on a generous 1.95-acre lot, offering unparalleled visibility and accessibility. The property benefits from convenient curb cuts on both Salem Avenue and Siebenthaler Avenue, further enhanced by a traffic signal at the intersection, ensuring high traffic flow and excellent exposure. Ample parking is provided with 63 paved spaces. The entire 11,206 square feet is currently vacant, presenting a unique opportunity for a wide range of businesses to establish a strong presence in a high-traffic area of Montgomery County. This location is perfect for retailers, service providers, or any business seeking maximum visibility and convenient access for customers. The property's size and location make it an attractive investment opportunity in a thriving Dayton commercial district. The zip code is 45406.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $362,507
    6.5%
    $334,622
    7%
    $310,720
  • Comparable approach

    Method
    Valuation
    Relative Method
    $107,640
    Geo Method
    $66,291
  • Alternative Use

    Use
    Valuation
    Residential
    $282,266
    Hospitality
    $258,554
    Educational
    $215,114
    Medical
    $222,512
    Retail
    $334,622

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.7975
Longitude
-84.2509
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
$80,714
$49,230
$605,270
$654,500
-
$140,670
$1,729,330
$1,870,000

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