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    Salem Ave Dayton, OH 45416

    Sponsored
    For Lease
    $10 SF/Yr

    Prime Dayton location, multiple spaces available.

    Lot size:
    121,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Highland Plaza, located at 45416 Salem Ave in Trotwood, Ohio, presents a unique investment opportunity. This Class A commercial property boasts a total of 121,250 square feet across three single-story buildings situated on a generous 13.81-acre lot. Built in 1968, the property is zoned for commercial use and offers flexible space options, suitable for a variety of uses including retail, creative office, traditional office, executive office, medical office, and coworking spaces. Multiple tenancies are available, with a minimum divisible space of 1,300 square feet and larger spaces up to 78,000 square feet currently available for lease. The property benefits from its strategic location in Montgomery County, within a regional trade area anchored by major retailers such as Home Depot, Kmart, and Best Buy, ensuring high visibility and convenient access for businesses and customers. Existing tenants include Fifth Ave Men's Wear and Ivory's Pizza and Subs, demonstrating the property's appeal to a diverse range of businesses. Ample parking is available, catering to both tenants and customers. Aggressive leasing rates are currently available. This property offers a compelling combination of size, location, and versatility, making it an ideal investment for businesses seeking a prominent presence in the Dayton area.

    Property Features for 0 Salem Ave

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    121,250 SF
    Class
    A
    Total Rate
    101041.67

    Building Details

    Year Built
    1968
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    parking lot
    Size
    78,000 SF
    Space
    4613
    Size
    3,500 SF
    Rate per SF
    $10
    Space
    4625
    Size
    1,200 SF
    Rate per SF
    $12

    HighLights

    • 121,250 SF Class A commercial property on 13.81 acres in Trotwood, OH.
    • Three single‑story buildings, built in 1968, with flexible space options for various uses.
    • Divisible spaces from 1,300 SF to 78,000 SF available for lease.
    • High‑visibility location near major retailers (Home Depot, Kmart, Best Buy) in Montgomery County.
    • Ample parking and aggressive lease rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Map

    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.260031220642
    Latitude
    39.807443692783

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    FAQs

    What type of property is this?
    Coworking space - Prime Dayton location, multiple spaces available.
    Where is this coworking space located?
    The property is located at Salem Ave Dayton, OH.
    What is the lease rate?
    The lease rate is $0.00-$12 SF/Yr.
    What are key features of this property?
    This property features: 121,250 SF Class A commercial property on 13.81 acres in Trotwood, OH.; Three single-story buildings, built in 1968, with flexible space options for various uses.; Divisible spaces from 1,300 SF to 78,000 SF available for lease.
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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
    Salem Ave Dayton, OH 45416
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