5351 Salem AveDayton, OH 45426

Property Details for 5351 Salem Ave

Year built

1994

Lot size

3.46 AC

Property size (Sq ft)

38,351 SF

Property type

Outlet malls

APN

H33 00807 0002

APU

H33008070002

Description

This exceptional retail property at 5351 Salem Avenue in Dayton, Ohio presents a compelling investment opportunity. Boasting a substantial 40,101 square feet of retail space, this property is strategically located on a 3.46-acre lot, sharing a parking lot with a Lowe's home improvement store. Its prime location offers unparalleled visibility and accessibility, situated less than half a mile from major intersections, ensuring high traffic volume. The property features convenient loading and unloading capabilities with two loading docks and two additional drive-in doors, facilitating efficient operations. Beyond the main retail area, the property includes additional upstairs space, ideal for a secondary showroom, storage, or office space, expanding the potential uses and maximizing the return on investment. The property's adjacency to McDonald's and other food establishments further enhances its appeal and attracts a steady stream of potential customers. This is a rare opportunity to acquire a well-positioned, expansive retail space in a thriving commercial area with significant growth potential. The asking price is $995,000. This property is ready for immediate occupancy and offers a unique chance to establish or expand a successful retail business in a high-traffic location. The combination of size, location, and amenities makes this an exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $9,282,653

  6.5%

  $8,568,602

  7%

  $7,956,560

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,414,962

  Geo Method

  $1,902,931

• Alternative Use

  Use

  Valuation

  Residential

  $7,227,936

  Hospitality

  $6,620,751

  Educational

  $5,508,387

  Medical

  $5,697,829

  Retail

  $8,568,602

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.8207

Longitude

-84.2903

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].