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    3977 Salem Ave Dayton, OH 45406

    For Sale
    $150,000

    Prime Dayton location, 1.26 acres, B-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.2641-acre commercial land parcel presents a remarkable redevelopment opportunity in Dayton, Ohio. Strategically located at the corner of Salem Avenue and Pittsburg Avenue in Montgomery County, this property boasts high visibility to over 13,100 vehicles daily on Salem Avenue. The site is zoned B-3, permitting a wide range of commercial, business, and retail uses. The property's expansive size offers significant potential for various development projects. The advantageous location within Harrison Township provides the benefit of no city income tax, making it an even more attractive investment. The parcel includes multiple APNs: E20 17102B0112, -B0113, -B0114, -B0115, -B0116, -B0117, -B0118, -B0119, -B0190, -B0191. The asking price for this prime commercial land is $150,000. Don't miss this chance to acquire a highly visible and versatile property in a thriving area. This is an ideal opportunity for developers and investors seeking a strong return on investment in a desirable Dayton location. The property's address is 3977 Salem Ave, Dayton, OH 45406.

    Property Features for 3977 Salem Ave

    General Information

    Property type
    Land
    Lot Size
    55,060 SF

    HighLights

    • 1.2641± acres of commercial land at the corner of Salem Avenue and Pittsburg Avenue in Dayton, OH.
    • Redevelopment opportunity.
    • B‑3 zoning allows for commercial, business, and retail uses.
    • Located in Harrison Township, offering no city income tax.
    • High visibility to over 13,100 vehicles daily on Salem Avenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.253309
    Latitude
    39.801256

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    FAQs

    What type of property is this?
    Land - Prime Dayton location, 1.26 acres, B-3 zoning.
    Where is this land located?
    The property is located at 3977 Salem Ave Dayton, OH.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 1.2641± acres of commercial land at the corner of Salem Avenue and Pittsburg Avenue in Dayton, OH.; Redevelopment opportunity.; B-3 zoning allows for commercial, business, and retail uses.
    (937) 469-8254
    Request Owner's contact information
    3977 Salem Ave Dayton, OH 45406
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    Dayton, OH 45406
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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
    3977 Salem Ave Dayton, OH 45406
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