Freestanding Retail Building on
504 E Dorothy Ln Dayton, OH
For Sale
Contact for pricing
Freestanding building with great signage and visibility on E Dorothy.
Property Size3,075 SF
Lot Size0.13 Acres
Price / SF$162.28
Days on Market458
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) 216-4636
Listed By:
Tracey Herron
(937) 216-4636
Source:
Moodyscre
Added: Apr 29, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:17AM
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
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 For Retail
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 | $44.3k | $14.40 |
| − Vacancy | −$2.8k | −$0.92 |
| EGI | $41.4k | $13.48 |
| − OpEx | −$12.4k | −$4.04 |
| NOI | $29.0k | $9.43 |
3,075 SF · lease $14.40/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$414.5K
$362.7K – $483.5K
NOI $29,012 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$655.3K
$573.4K – $764.6K
NOI $45,874 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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 $499,000.
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
