Freestanding Restaurant with Commercial
For Sale
$1,200,000
8870 Kingsridge Drive, Dayton, OH 45458
Commercial Sale, Miami Twp, OH
Property Size10,060 SF
Lot Size1.91 Acres
Price / SF$119.28
Days on Market52
Property Features for 8870 Kingsridge Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Interior features
Smoke Detector
Exterior features
Lights
Directions
I-75 to Exit 44 (OH-725 East). Right on OH-741 (Springboro Pike), right on Kingsridge Dr. Property sits on the corner on the left.
Subdivision
Montgomery-E30
Standard status
Active
APN
K45211220001
Size
10,060 SF
Lot size
1.91 Acres
Utilities
Heating system
Forced Air, Central
Building Details
Year built
2000
Flooring type
Wood, Tile
Building materials
Brick
Roof type
Membrane
Listing Agency:
Keller Williams Advisors · Keller Williams Realty
Listed By:
Xiaojie Zavon
(513) 766-9200
Added: Aug 29
Changed: Oct 16
Last Checked: Oct 19 at 3:06AM
MLS# 1891773
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Freestanding restaurant property at 8870 Kingsridge Drive in Miami Twp, Ohio, with 10,060 square feet of building area on 1.9147 acres. The interior is configured with dining areas, a commercial kitchen, food-preparation and service areas, restrooms, and supporting back-of-house space. The kitchen has been recently updated, and the building includes tile and wood flooring, central and forced-air heating, and a membrane roof.
Constructed in 2000, the property features brick construction, exterior lighting, and on-site parking. Its freestanding format and existing restaurant improvements support continued restaurant use, while the layout may also accommodate other commercial concepts subject to applicable zoning and approvals. FF&E is negotiable, and lease availability is also noted.
Constructed in 2000, the property features brick construction, exterior lighting, and on-site parking. Its freestanding format and existing restaurant improvements support continued restaurant use, while the layout may also accommodate other commercial concepts subject to applicable zoning and approvals. FF&E is negotiable, and lease availability is also noted.
Key Highlights
- 10,060‑square‑foot restaurant building on 1.9147 acres
- Recently updated commercial kitchen with food‑preparation and service areas
- Dining spaces, restrooms, and back‑of‑house areas already configured
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,701
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,794,020
$1.8M
Cap Rate 7%
$1,281,443
$1.3M
Cap Rate 9%
$996,678
$996.7K
Market Conditions
NOI Build-Up for 10,060 SF
Gross rent
$132.8K $13.20/SF
− Vacancy
−$4.6K −$0.46/SF
EGI
$128.1K $12.74/SF
− OpEx
−$38.4K −$3.82/SF
NOI
$89.7K $8.92/SF
Area
Dayton, OH
Vacancy
3.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,794,020
Cap Rate 7%
$1,281,443
Cap Rate 9%
$996,678
Alternative Uses
Best Use
Specialty Retail
$1.61M
$1.41M – $1.88M
NOI $112,641 @ 7.0% cap · market cap 9.39%
Second Best
Industrial
$1.28M
$1.12M – $1.50M
NOI $89,701 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$2.14M
$1.88M – $2.50M
NOI $150,079 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,127
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 45458, OH
36,474
Population
15,827
Households
2.3
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
1,833
Density / Sq Mi
$110,682
Median Household Income
$69,620
Median Earnings
$1,286
Median Rent
$337,500
Median Home Value
Check the figures for this property
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?
Conventional restaurant - Large-format restaurant building with dining, food-service, restroom, and back-of-house areas in a freestanding layout.
Where is this conventional restaurant located?
The property is located at 8870 Kingsridge Drive Dayton, OH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 10,060‑square‑foot restaurant building on 1.9147 acres; Recently updated commercial kitchen with food‑preparation and service areas; Dining spaces, restrooms, and back‑of‑house areas already configured
