Dayton Commercial Redevelopment
3295 Benchwood Road Dayton, OH 45414
For Sale
$395,000
COMMERCIAL - Dayton, OH
Property Size1,434 SF
Lot Size0.64 Acres
Price / SF$275.45
Days on Market1206
Property Features for 3295 Benchwood Road
General Information
Property type
Commercial Sale
Property subtype
Other
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
(937) 890-9111
Listed By:
Timothy C. Stammen · License #0000193384
(937) 890-9111
Added: Apr 11, 2023
Changed: May 14
Last Checked: Jul 29 at 6:06AM
MLS# 1024562
Copyright © 2026 West Metro Board of REALTORS®. 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 For Healthcare Medical
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 | $31.0k | $21.60 |
| − Vacancy | −$3.1k | −$2.16 |
| EGI | $27.9k | $19.44 |
| − OpEx | −$11.2k | −$7.78 |
| NOI | $16.7k | $11.66 |
1,434 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$238.9K
$209.1K – $278.8K
NOI $16,726 @ 7.0% cap · market cap 4.23%
Second Best
Office B
$208.5K
$182.5K – $243.3K
NOI $14,597 @ 7.0% cap · market cap 3.70%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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.
