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    5120 Salem Ave Dayton, OH 45426

    Sponsored
    For Lease
    Contact for pricing

    Prime Dayton retail space, multiple units available.

    Lot size:
    141,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Salem Plaza, located at 5120 Salem Ave in Dayton, Ohio (Montgomery County, zip code 45426), presents a significant retail opportunity. This shopping center encompasses a total of 141,616 square feet and is currently 100% vacant, offering a unique chance for a single large tenant or multiple smaller businesses. The property is classified as a retail shopping center with multiple tenancy options. Flexible space is available, with a minimum divisible unit size of 14,528 square feet and a maximum contiguous space of 99,294 square feet, catering to a wide range of business needs and scales. The property's prime location in Dayton, Ohio, offers excellent visibility and accessibility for customers. This presents an exceptional opportunity for businesses seeking a substantial presence in a thriving market. The entire 141,616 square feet is available for lease, providing unparalleled flexibility for a single tenant or a strategic mix of businesses. Interested parties are encouraged to inquire about lease terms and explore the possibilities this expansive retail space offers. The property's address is easily accessible and situated within a well-established commercial area of Montgomery County.

    Property Features for 5120 Salem Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    141,616 SF

    Unit(s) available at that property

    Space
    Suite 1
    Size
    99,294 SF
    Space
    Suite 2
    Size
    14,528 SF
    Space
    Suite 3
    Size
    27,794 SF

    HighLights

    • Shopping Center for Sale
    • Excellent SR 49 location
    • 3 miles south of I‑70, 4.5 miles west of I‑75
    • Strong co‑tenancy with Big Lots, Home Depot, Lowe's, and Kroger
    • 21,500 ADT
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -84.277751
    Latitude
    39.8152079

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Dayton retail space, multiple units available.
    Where is this lifestyle center located?
    The property is located at 5120 Salem Ave Dayton, OH.
    What are key features of this property?
    This property features: Shopping Center for Sale; Excellent SR 49 location; 3 miles south of I-70, 4.5 miles west of I-75
    Request Owner's contact information
    5120 Salem Ave Dayton, OH 45426
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    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
    5120 Salem Ave Dayton, OH 45426
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