Retail Building with Patio
For Sale
Contact for pricing
32 Webster St, Dayton, OH
27,135 SF retail building on 2.668 acres for sale.
Property Size27,135 SF
Lot Size2.05 Acres
Price / SF$117.89
Days on Market875
Property Features for 32 Webster St
General Information
Standard status
Active
Size
27,135 SF
Lot size
2.05 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Webster Station
Listing Agency:
3CRE Advisors, LLC - corporate
(513) 745-9333
Listed By:
Michael Costantini · License ##2018001126
(513) 383-8413
Source:
Moodyscre
Added: Jun 7, 2024
Changed: Oct 26
Last Checked: Oct 28 at 11:10AM
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 3CRE Advisors, LLC - corporate
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 property features a 27,135-square-foot building situated on a 116,218-square-foot lot, equivalent to 2.668 acres. It is zoned UBD (Urban Business District) and offers ample parking. The property also includes outdoor patio spaces. This property is located in Dayton, OH.
Key Highlights
- Large 27,135 sq ft building in Urban Business District (UBD)
- Substantial 2.668 acre lot size
- Ample Parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$256,015
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,120,300
$5.1M
Cap Rate 7%
$3,657,357
$3.7M
Cap Rate 9%
$2,844,611
$2.8M
Market Conditions
NOI Build-Up for 27,135 SF
Gross rent
$390.7K $14.40/SF
− Vacancy
−$25.0K −$0.92/SF
EGI
$365.7K $13.48/SF
− OpEx
−$109.7K −$4.04/SF
NOI
$256.0K $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%
$5,120,300
Cap Rate 7%
$3,657,357
Cap Rate 9%
$2,844,611
Alternative Uses
Best Use
Retail
$3.66M
$3.20M – $4.27M
NOI $256,015 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.78M
$5.06M – $6.75M
NOI $404,811 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,329
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Dayton, OH
Frequently Asked Questions
What type of property is this?
Retail property - 27,135 SF retail building on 2.668 acres for sale.
Where is this retail property located?
The property is located at 32 Webster St Dayton, OH.
What is the asking price?
The asking price for this property is $3,199,000.
What are key features of this property?
This property features: Large 27,135 sq ft building in Urban Business District (UBD); Substantial 2.668 acre lot size; Ample Parking available
