Dayton Commercial Redevelopment
For Sale
$395,000
3295 Benchwood Road, Dayton, OH 45414
Commercial Sale, Dayton, OH
Property Size1,434 SF
Lot Size0.64 Acres
Price / SF$275.45
Days on Market1284
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Property Features for 3295 Benchwood Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Directions
Benchwood Rd East of N.Dixie
Subdivision
530 Other Montgomery County
Standard status
Active
APN
A01003140113
Size
1,434 SF
Lot size
0.64 Acres
Taxes and HOA fees
Tax Year
2022
Utilities
Sewer type
Public Sewer
Building Details
Year built
1958
Listing Agency:
Keller Williams Home Town Realty · Keller Williams Realty
(937) 890-9111
Listed By:
Timothy C. Stammen · License #0000193384
(937) 271-4608
Added: Apr 11, 2023
Changed: Sep 2
Last Checked: Oct 15 at 6:06PM
MLS# 1024562
Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.64-acre parcel presents a redevelopment opportunity. Situated next to a Burger King and adjacent to a Home2Suites Hotel, the area is undergoing a transition from residential to commercial use. Permitted uses generally include retail, office, banking, and medical facilities. The property benefits from approximately 11,000 cars per day passing by. Currently, a small 1,434 square foot ranch house is located on the property. While the highest and best use is considered commercial, residential use remains an option. The property is located in Dayton, Ohio.
Key Highlights
- Prime redevelopment opportunity on a 0.64‑acre parcel.
- Located next to Burger King and adjacent to Home2Suites Hotel.
- High traffic location with approximately 11,000 cars per day.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,086
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,720
$281.7K
Cap Rate 7%
$201,229
$201.2K
Cap Rate 9%
$156,511
$156.5K
Market Conditions
NOI Build-Up for 1,434 SF
Gross rent
$27.2K $18.96/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$25.6K $17.86/SF
− OpEx
−$11.5K −$8.04/SF
NOI
$14.1K $9.82/SF
Area
Dayton, OH
Vacancy
5.80%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,720
Cap Rate 7%
$201,229
Cap Rate 9%
$156,511
Alternative Uses
Best Use
Apartment 5plus
$201.2K
$176.1K – $234.8K
NOI $14,086 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$305.6K
$267.4K – $356.6K
NOI $21,393 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Explore this area
Business Placement
Demographics for 45414, OH
20,693
Population
10,283
Households
2
Avg Household Size
42
Median Age
26%
College-Educated
88%
High-School Grad
21.8 sq mi
ZIP Area
949
Density / Sq Mi
$53,824
Median Household Income
$40,629
Median Earnings
$867
Median Rent
$163,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Commercial land - 0.64 acre parcel suitable for retail, office, banking, medical.
Where is this commercial land located?
The property is located at 3295 Benchwood Road Dayton, OH.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Prime redevelopment opportunity on a 0.64‑acre parcel.; Located next to Burger King and adjacent to Home2Suites Hotel.; High traffic location with approximately 11,000 cars per day.
