Dayton Commercial Redevelopment
For Sale
$395,000
3295 Benchwood Road, Dayton, OH 45414
COMMERCIAL - Dayton, OH
Property Size1,434 SF
Lot Size0.64 Acres
Price / SF$275.45
Days on Market1213
Property Features for 3295 Benchwood Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Directions
Benchwood Rd East of N.Dixie
Subdivision
530 Other Montgomery County
Standard status
Active
APN
A01003140113
Size
1,434 SF
Lot size
0.64 Acres
Taxes and HOA fees
Tax Year
2022
Utilities
Sewer type
Public Sewer
Building Details
Year built
1958
Listing Agency:
Keller Williams Home Town Realty · Keller Williams Realty
(937) 890-9111
Listed By:
Timothy C. Stammen · License #0000193384
(937) 890-9111
Added: Apr 11, 2023
Changed: Aug 5
Last Checked: Aug 5 at 7:06PM
MLS# 1024562
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Investment Insights
Based on property information with market context.
This 0.64-acre parcel presents a redevelopment opportunity. Situated next to a Burger King and adjacent to a Home2Suites Hotel, the area is undergoing a transition from residential to commercial use. Permitted uses generally include retail, office, banking, and medical facilities. The property benefits from approximately 11,000 cars per day passing by. Currently, a small 1,434 square foot ranch house is located on the property. While the highest and best use is considered commercial, residential use remains an option. The property is located in Dayton, Ohio.
Key Highlights
- Prime redevelopment opportunity on a 0.64‑acre parcel.
- Located next to Burger King and adjacent to Home2Suites Hotel.
- High traffic location with approximately 11,000 cars per day.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.2k | $18.96 |
| − Vacancy | −$1.6k | −$1.10 |
| EGI | $25.6k | $17.86 |
| − OpEx | −$11.5k | −$8.04 |
| NOI | $14.1k | $9.82 |
1,434 SF · lease $18.96/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$201.2K
$176.1K – $234.8K
NOI $14,086 @ 7.0% cap · market cap 3.57%
Second Best
Retail
$193.3K
$169.1K – $225.5K
NOI $13,530 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$305.6K
$267.4K – $356.6K
NOI $21,393 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Explore this area
Business Placement
Demographics for 45414, OH
20,693
Population
10,283
Households
2
Avg Household Size
42
Median Age
26%
College-Educated
88%
High-School Grad
21.8 sq mi
ZIP Area
949
Density / Sq Mi
$53,824
Median Household Income
$40,629
Median Earnings
$867
Median Rent
$163,200
Median Home Value
Market
Vacancy Rate% for Retail in Dayton, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 0.64 acre parcel suitable for retail, office, banking, medical.
Where is this commercial land located?
The property is located at 3295 Benchwood Road Dayton, OH.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Prime redevelopment opportunity on a 0.64‑acre parcel.; Located next to Burger King and adjacent to Home2Suites Hotel.; High traffic location with approximately 11,000 cars per day.
