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    5116-5120 Salem Ave Dayton, OH 45426

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    For Lease
    Contact for pricing

    Retail space available off State Route 49 in Dayton, Ohio.

    Property size:
    27,794 SF
    Lot size:
    16.71 Acres

    Property Features for 5116-5120 Salem Ave

    General Information

    Size
    27,794 SF
    Lot size
    16.71 Acres

    Source: Colliers | Columbus Agent Gilli Zofan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dayton Retail Opportunity on SR-49

    This retail property is located off State Route 49 in Dayton, Ohio. The available square footage ranges from 14,528 SF to 141,616 SF. The property presents a value-add opportunity with potential for creative re-use or redevelopment. Nearby tenants include Big Lots, Home Depot, Lowe’s, Jo Ann Fabrics, and Kroger. Traffic counts along SR-49 exceed 21,000 vehicles per day. The property has a size of 27794 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.2765742
    Latitude
    39.815388

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    FAQs

    What type of property is this?
    Retail space - Retail space available off State Route 49 in Dayton, Ohio.
    Where is this retail space located?
    The property is located at 5116-5120 Salem Ave Dayton, OH.
    What are key features of this property?
    This property features: - Rare big box opportunity; - Large available square footage (14,528 SF - 141,616 SF) offers significant flexibility; - High traffic location on State Route 49 with over 21,000 vehicles per day
    (614) 593-6023
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    5116-5120 Salem Ave Dayton, OH 45426
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    Dayton, OH 45426
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5116-5120 Salem Ave Dayton, OH 45426
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