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Remodeled Auto Shop For Sale
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10590 S Dayton Greenville Pike, Brookville, OH

High-traffic location, remodeled building, suitable for auto sales.

Property Size1,626 SF
Lot Size0.73 Acres
Price / SF$104.49
Days on Market670

Property Features for 10590 S Dayton Greenville Pike

General Information

Standard status Active
Size 1,626 SF
Lot size 0.73 Acres
Property subtype RETAIL
Listing Agency: RE/MAX Alliance Realty | Dayton (Dixie)
Listed By: Mike Temple · License #347520
Source: Moodyscre
Added: Oct 5, 2024 Changed: Jul 6 Last Checked: Jul 21 at 4:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Alliance Realty | Dayton (Dixie)

Investment Insights

Based on property information with market context.

This property, situated on approximately 0.75 acres, features a freshly remodeled 1,626-square-foot building currently configured for auto sales. The layout includes a 20-foot by 25-foot front-end office area and a 10-foot by 10-foot break room equipped with a kitchenette. The remaining space is dedicated to shop and service functions. Renovations completed in 2022 included a new roof, new exterior siding, updated lighting, a complete electrical overhaul (service, panel, and wiring), and some updated plumbing. An attached 16-foot by 16-foot storage building provides additional space. The property is equipped with two half baths, two forced-air heating systems, and an AC wall unit. Ample parking is available. The property is located in a high-traffic area, offering maximum exposure. The annual property taxes are $1642.01.

Key Highlights

  • High traffic count location ideal for business exposure.
  • Recently renovated building (2022) with new roof, siding, and electrical. Some plumbing updates.
  • Approximately 3/4 acre lot suitable for various uses.

Financial Insights For Industrial

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 $13.1k $8.04
− Vacancy −$837 −$0.51
EGI $12.2k $7.53
− OpEx −$3.7k −$2.26
NOI $8.6k $5.27
1,626 SF · lease $8.04/SF/yr · vacancy 6.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$270.1K
$236.4K – $315.2K (±1% cap)
NOI $18,910 @ 7.0% cap · market cap 11.13%
Second Best
Industrial
$122.4K
$107.1K – $142.8K (±1% cap)
NOI $8,565 @ 7.0% cap · market cap 5.04%
Theoretical Best
Multifamily LT 5
$15.38M
$13.46M – $17.94M (±1% cap)
NOI $1,076,521 @ 7.0% cap · market cap 633.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick HVAC Service Building Supply Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Gene's Garage 7857 Sweet Potato Rd, Brookville, OH 45309
  • Hatfield's Collision L.L.C. 10621 Pansing Rd, Englewood, OH 45322
  • Combs Garage 7857 Sweet Potato Ridge Rd, Brookville, OH 45309

Frequently Asked Questions

What type of property is this?
Auto shop - High-traffic location, remodeled building, suitable for auto sales.
Where is this auto shop located?
The property is located at 10590 S Dayton Greenville Pike Brookville, OH.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: High traffic count location ideal for business exposure.; Recently renovated building (2022) with new roof, siding, and electrical. Some plumbing updates.; Approximately 3/4 acre lot suitable for various uses.
(937) 470-1111 Call to check price and availability
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