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    Corner Commercial Land Parcel Title is generated by Realmo AI

    2200 North Gettysburg Avenue, Dayton, OH 45406

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    For Sale
    $55,000

    Two-lot corner site with dual street frontage and flexible layout for a wide range of commercial development.

    Type:Land
    Property size:
    38,000 SF
    Lot size:
    0.90 Acres
    Price / SF:
    $1.45/SF
    Added:
    Jan 7, 2026
    Days on Market:
    150
    Last Refresh:
    Jun 6 at 4:04 am

    Property Features for 2200 North Gettysburg Avenue

    General Information

    Standard status
    Active
    Size
    38,000 SF
    Lot size
    0.90 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Veronica Pando

    Listing agent Veronica Pando License #2021003223

    Listing office eXp Realty

    Listing date Jan 7, 2026

    Source Compass

    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 eXp Realty

    HighLights

    • Two‑lot commercial corner site totaling approx. 0.9 acres with measures approx. 400 ft by 100 ft each
    • Dual street frontage at Gettysburg Road and Kings Highway for increased exposure and multiple access points
    • High‑traffic corner location with strong accessibility and visibility (corner placement)
    • Strategically positioned near major routes: I‑75, I‑70, Route 48, Route 49, and US Route 35
    • Located near national retailers and restaurants, plus major grocery including Kroger
    • Dollar General just a few feet down the street

    Overview

    This offering includes two commercial lots totaling approximately 0.9 acres, with each lot measuring approximately 400 feet by 100 feet. The site’s overall configuration is designed to support flexible site planning, including options for building and parking. With substantial dimensions and corner positioning, the property can accommodate a variety of commercial concepts while maintaining strong street presence.

    The property is located on a high-traffic corner at Gettysburg Road and Kings Highway, providing dual street frontage for increased exposure and multiple potential access points. Area amenities include a wide variety of restaurants and national retailers, along with nearby major grocery shopping anchored by Kroger. A Dollar General is located just a few feet down the street, reinforcing everyday consumer draw. For regional travel, the site is positioned between major transportation routes, including I-75, I-70, Route 48, Route 49, and US Route 35.

    For prospective tenants, developers, or buyers, the appeal here is the combination of size, dual frontage, and a location surrounded by established retail and service businesses. The two-lot layout may also support flexible development approaches, depending on the intended use, parking needs, and how an operator plans to stage access from the two adjoining streets.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.2533652
    Latitude
    39.7835123

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    FAQs

    What type of property is this?
    Commercial land - Two-lot corner site with dual street frontage and flexible layout for a wide range of commercial development.
    Where is this commercial land located?
    The property is located at 2200 North Gettysburg Avenue Dayton, OH.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: Two‑lot commercial corner site totaling approx. 0.9 acres with measures approx. 400 ft by 100 ft each; Dual street frontage at Gettysburg Road and Kings Highway for increased exposure and multiple access points; High‑traffic corner location with strong accessibility and visibility (corner placement)
    (513) 304-3991
    We can help!
    Listing Contact
    Veronica Pando
    Real Estate License ID: 2021003223
    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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