Freestanding Retail Building on
For Sale
Contact for pricing
504 E Dorothy Ln, Dayton, OH
Freestanding building with great signage and visibility on E Dorothy.
Property Size3,075 SF
Lot Size0.13 Acres
Price / SF$143.09
Days on Market548
Property Features for 504 E Dorothy Ln
General Information
Standard status
Active
Size
3,075 SF
Lot size
0.13 Acres
Property subtype
RETAIL
Listing Agency:
Equity | Dayton
(937) 291-1179
Listed By:
Tracey Herron · License #SAL.0000446465
(937) 216-4636
Source:
Moodyscre
Added: Apr 29, 2025
Changed: Oct 25
Last Checked: Oct 28 at 6:09AM
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 Equity | Dayton
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding building, situated on E Dorothy Lane, offers a total of 3,075 square feet. The first floor provides 2,075 square feet of retail space, while the second floor offers an additional 1,000 square feet suitable for residential or office use. The property benefits from high visibility and signage opportunities due to its location at a traffic light on Shroyer Road.
Key Highlights
- Freestanding building on E Dorothy Lane
- Great signage and visibility from traffic light at Shroyer Road
- 3,075 sq ft total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,012
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,240
$580.2K
Cap Rate 7%
$414,457
$414.5K
Cap Rate 9%
$322,356
$322.4K
Market Conditions
NOI Build-Up for 3,075 SF
Gross rent
$44.3K $14.40/SF
− Vacancy
−$2.8K −$0.92/SF
EGI
$41.4K $13.48/SF
− OpEx
−$12.4K −$4.04/SF
NOI
$29.0K $9.43/SF
Area
Dayton, OH
Vacancy
6.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,240
Cap Rate 7%
$414,457
Cap Rate 9%
$322,356
Alternative Uses
Best Use
Retail
$414.5K
$362.7K – $483.5K
NOI $29,012 @ 7.0% cap · market cap 6.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$655.3K
$573.4K – $764.6K
NOI $45,874 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Dayton, OH
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding building with great signage and visibility on E Dorothy.
Where is this retail space located?
The property is located at 504 E Dorothy Ln Dayton, OH.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Freestanding building on E Dorothy Lane; Great signage and visibility from traffic light at Shroyer Road; 3,075 sq ft total
