1024 Smithville RdDayton, OH 45403

Property Details for 1024 Smithville Rd

Year built

1979

Lot size

5.35 AC

Property size (Sq ft)

48,490 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

R72 15218 0002

APU

R72152180002

Description

Pinewood Plaza Shopping Center, located at 1024 S Smithville Rd, Dayton, OH 45403, presents a compelling opportunity for retail businesses seeking a prominent presence in Montgomery County. This established retail center boasts a total of 46,221 square feet, with one space currently available for lease. The property's strategic location in Dayton offers excellent visibility and accessibility, ensuring high foot traffic and potential customer reach. The center's multiple tenancy structure provides a diverse shopping environment, attracting a wide range of consumers. The property is classified as retail, offering a versatile space suitable for various retail operations. Its precise coordinates are 39.7537657 latitude and -84.1385254 longitude. This presents a unique chance to establish or expand a retail business within a thriving community. Interested parties are encouraged to inquire about the available space and lease terms to explore this promising investment opportunity. The property is situated in a well-established commercial area of Dayton, offering convenient access to major roadways and ample parking for customers. The available space offers significant potential for growth and success within a dynamic retail environment. Further details regarding the available space dimensions and lease terms are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $10,214,000

  6.5%

  $9,428,320

  7%

  $8,754,860

• Comparable approach

  Method

  Valuation

  Relative Method

  $992,959

  Geo Method

  $992,959

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $18,408,500

  Mixed-Use / Specialty

  $9,385,650

  Hospitality / Lodging

  $6,874,170

  Office

  $9,320,470

  Institutional / Educational

  $9,754,060

  Residential Income

  $11,412,300

  Multifamily

  $13,737,400

  Automotive / Energy

  $8,360,630

  Parking / Income-Based Land

  $2,894,090

  Restaurant / Food Service

  $4,862,240

  Healthcare / Senior Housing

  $9,634,090

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Latitude

39.7534

Longitude

-84.1377

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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