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    5351 Salem Ave Dayton, OH 45426

    Sponsored
    For Sale
    $1,495,000

    Prime Dayton retail space, 40,101 SF, high traffic location.

    Property size:
    40,101 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Dayton, Ohio retail property, located at 5351 Salem Avenue, offers an unparalleled opportunity for investors and business owners. Boasting a substantial 40,101 square feet of space, with 38,351 square feet of net rentable area, this property is priced competitively at $1,495,000 ($38.98 per square foot). Constructed in 1994, the building sits on a generous 150,717.6 square foot lot. Its strategic location shares a parking lot with a Lowe's, ensuring ample parking for customers and high visibility. The property is less than half a mile from major intersections, guaranteeing significant traffic flow. The building features convenient access with two loading docks and two additional drive-in doors, facilitating efficient operations. An added bonus is the upstairs floor space, ideal for a second showroom, storage, or office space. The property's proximity to McDonald's and other food establishments further enhances its appeal and potential for attracting customers. This is a rare opportunity to acquire a well-positioned, sizable retail space in a high-traffic area of Dayton, Ohio. The property's size, location, and amenities make it an attractive investment for a variety of retail businesses.

    Property Features for 5351 Salem Ave

    General Information

    Property type
    Retail properties
    Square Feet
    40,101 SF

    Building Details

    Year Built
    1994

    HighLights

    • $1,495,000 asking price.
    • 40,101 square foot retail building.
    • 38,351 square feet of net rentable space.
    • $38.98 price per square foot.
    • Built in 1994.
    • 150,717.6 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grandview Building & Supply Construction Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.2905002
    Latitude
    39.8205653

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    FAQs

    What type of property is this?
    Retail property - Prime Dayton retail space, 40,101 SF, high traffic location.
    Where is this retail property located?
    The property is located at 5351 Salem Ave Dayton, OH.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: $1,495,000 asking price.; 40,101 square foot retail building.; 38,351 square feet of net rentable space.
    Request Owner's contact information
    5351 Salem Ave Dayton, OH 45426
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5351 Salem Ave Dayton, OH 45426
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