Retail Property with
2948 Miamisburg Centerville Rd Miamisburg, OH 45459
2948 Miamisburg Centerville Rd, Miamisburg, OH, 45459
Contact for pricing
For Sale
Contact for pricing
Retail property featuring a drive-thru and prominent signage opportunities.
Property Size3,139 SF
Price / SF$278.75
Days on Market171
Property Features for 2948 Miamisburg Centerville Rd
General Information
- Standard status
- Active
- Size
- 3,139 SF
- Property subtype
- RETAIL
Properties For Sale
at 2948 Miamisburg Centerville Rd Contact us
Listing Agency
Colliers | Cincinnati
(513) 600-0002
Listed by
Dustin Marks · License #2016004636
(513) 600-0002
Source
Moodyscre
Added: Jan 29 Checked: Jul 17 at 5:49 am
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 Colliers | Cincinnati
Investment Insights
Based on property information with market context.
This retail property offers a drive-thru and strong pylon and overhead signage opportunities. It provides immediate access to interstates. The location benefits from traffic counts of 25,136 vehicles per day. The property size is 3,139 square feet.
Key Highlights
- Immediate access to Interstates
- Drive thru
- Strong pylon signage opportunities
Local Financial Insights For Specialty 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 | $56.5k | $18.00 |
| − Vacancy | −$4.4k | −$1.39 |
| EGI | $52.2k | $16.61 |
| − OpEx | −$13.0k | −$4.15 |
| NOI | $39.1k | $12.46 |
3,139 SF · lease $18.00/SF/yr · vacancy 7.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$558.8K
$488.9K – $651.9K
NOI $39,114 @ 7.0% cap · market cap 4.47%
Second Best
Retail
$521.5K
$456.3K – $608.4K
NOI $36,506 @ 7.0% cap · market cap 4.17%
Theoretical Best
Multifamily LT 5
$29.69M
$25.98M – $34.64M
NOI $2,078,228 @ 7.0% cap · market cap 237.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - Retail property featuring a drive-thru and prominent signage opportunities.
Where is this retail property located?
The property is located at 2948 Miamisburg Centerville Rd Miamisburg, OH.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Immediate access to Interstates; Drive thru; Strong pylon signage opportunities
