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    Salem Ave Clayton, OH 45315

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    For Sale
    Contact for pricing

    Clayton, OH: Prime development lots.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional offering presents multiple parcels of commercial land totaling up to 12.63 acres along Salem Avenue in Clayton, Ohio (zip code 45315). The property boasts high visibility and accessibility, with over 12,372 cars passing daily. Several lots are available, providing diverse development options. Lot sizes range from approximately 1 acre to 6.78 acres. Zoning permits a mix of commercial and residential multi-unit development (CMX and RMX). Individual lot details include: Lot 1 (1 acre, RMX zoning, $40,000)

    Property Features for 0 Salem Ave

    General Information

    Property type
    Land
    Lot Size
    61,855 SF

    HighLights

    • 1.42 to 12.63 acres available.
    • Multiple parcels offer diverse development potential.
    • High traffic count (12,372+ vehicles daily) on Salem Avenue ensures excellent visibility and accessibility.
    • Lot 1: 1± acre, 365± ft frontage on N. Union Road, RMX zoning, $40,000.
    • Lot 2: Sold.
    • Lot 3: 3.26± acres (0.93± acre parcel at $75,000, 2.33± acre parcel at $110,000), CMX zoning, $185,000 total.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.31594
    Latitude
    39.8438137

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    FAQs

    What type of property is this?
    Land - Clayton, OH: Prime development lots.
    Where is this land located?
    The property is located at Salem Ave Clayton, OH.
    What are key features of this property?
    This property features: 1.42 to 12.63 acres available.; Multiple parcels offer diverse development potential.; High traffic count (12,372+ vehicles daily) on Salem Avenue ensures excellent visibility and accessibility.
    Request Owner's contact information
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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 Clayton, OH 45315
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