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    Drive-Through Retail Restaurant Title is generated by Realmo AI

    5140 Salem Ave, Trotwood, OH 45426

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    For Lease
    $3,500/Mo $7 SF/Yr (calc)

    Street-front retail with drive-thru access, ideal for QSR and other permitted commercial uses.

    Type:Retail
    Property size:
    5,740 SF
    Lot size:
    0.77 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 2 at 4:18 am

    Property Features for 5140 Salem Ave

    General Information

    Standard status
    Active
    Size
    5,740 SF
    Lot size
    0.77 Acres
    Property subtype
    Retail

    Spaces For Lease

    at 5140 Salem Ave Contact us

    We can help!

    Listing Contact
    Robert Zavakos
    Robert Zavakos

    Listing agent Robert Zavakos License #OH #BRKP.0000352271

    Listing office NAI Bergman

    Listing date Jun 2, 2026

    Source Bergmancommercial

    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 NAI Bergman

    HighLights

    • 4,340 SF street‑front building with a 1,400 SF basement on a 0.77‑acre (33,628 SF) site
    • 38 on‑site parking spaces plus drive‑thru access with curb cuts from Salem Avenue and Covenant House Drive
    • Directly across from the new $8M Gordon Foods Grocery Store and the new $10M U1 Flyght Sports Dome Complex
    • G‑B General Business District zoning with permitted uses including QSR/retail restaurant, fuel station, convenience store, medical, office, pawn, and consumer lending
    • Pylon and corner‑wrap signage available with signage on two streets
    • Freestanding building offers street‑front retail frontage in a G‑B zone

    Overview

    This freestanding, multi-reuse opportunity is available as a street-front retail space with consistent, practical layout. The offering includes 4,340 SF of above-grade space plus an additional 1,400 SF basement. The property is supported by on-site parking and includes pylon signage and corner wrap with visibility on two streets, helping users promote their brand directly to passing traffic.

    The building is located directly across from a new $8M Gordon Foods grocery store and near a new $10M U1 Flyght Sports Dome complex, creating a steady commercial draw for retail and food service operators. Access is provided via drive-thru curb cuts from Salem Avenue and Covenant House Drive, supporting customer flow for quick-service concepts.

    With G-B General Business zoning that supports QSR/retail restaurant, fuel/convenience, medical and office uses, consumer lending, pawn, and more, this site is well-suited for a tenant looking to establish or expand a standalone presence. The combination of drive-thru access, street frontage, and supported signage makes it a strong fit for QSR users and other permitted service retail operators seeking a cost-effective, adaptable location.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Trotwood
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.2787815
    Latitude
    39.8177122

    FAQs

    What type of property is this?
    Retail space - Street-front retail with drive-thru access, ideal for QSR and other permitted commercial uses.
    Where is this retail space located?
    The property is located at 5140 Salem Ave Trotwood, OH.
    What is the lease rate?
    The lease rate is $3,500 /Mo.
    What are key features of this property?
    This property features: 4,340 SF street‑front building with a 1,400 SF basement on a 0.77‑acre (33,628 SF) site; 38 on‑site parking spaces plus drive‑thru access with curb cuts from Salem Avenue and Covenant House Drive; Directly across from the new $8M Gordon Foods Grocery Store and the new $10M U1 Flyght Sports Dome Complex
    (937) 603-3300
    We can help!
    Listing Contact
    Robert Zavakos
    Robert Zavakos
    Real Estate License ID: OH #BRKP.0000352271
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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