Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Dayton, OH 45342

    For Sale
    Contact for pricing

    5.45 Acres, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 5.45-acre commercial land parcel presents a unique investment opportunity in Miamisburg, Ohio. Strategically located on N Springboro Pike at Newmark Drive in Montgomery County (zip code 45342), this property boasts high visibility and accessibility due to its placement at a traffic light intersection. Springboro Pike experiences a significant daily traffic count of 24,900 vehicles, ensuring substantial exposure for any development. The site itself features a picturesque 1.8-acre lake, adding to its aesthetic appeal and potential for unique design integration. Zoning permits a variety of uses, including office space (business, medical, and nursing care facilities), banking institutions, and hotels (subject to conditional approval). The absence of a local earnings tax further enhances the financial attractiveness of this location for businesses and investors. This property offers developers a blank canvas to create a thriving commercial venture in a high-demand area with excellent infrastructure and accessibility. The latitude and longitude coordinates are 39.6444741 and -84.2245297 respectively. This is a rare opportunity to acquire a substantial commercial land parcel in a prime Dayton location.

    Property Features for 0

    General Information

    Property type
    Land

    HighLights

    • 5.45‑acre commercial land parcel in Miamisburg, OH.
    • High‑visibility location at a signalized intersection of N Springboro Pike and Newmark Drive.
    • Excellent daily traffic counts of 24,900 vehicles on Springboro Pike.
    • Features a 1.8‑acre lake.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.2245297
    Latitude
    39.6444741

    Nearby Similar for Sale

    • $297,900
      3,392 SF

      South Park Historic District Duplex

      Stately duplex in Dayton's South Park Historic District.
      229-227 James St, Dayton, OH 45410
      View Details
    • $169,900
      1,512 SF

      All-Brick Dayton Duplex For Sale

      All-brick duplex with two bedrooms and backyard storage shed.
      4311 Richland Ave, Dayton, OH 45432
      View Details
    • $195,000

      Modern Upgraded Duplex in Dayton

      Fully renovated duplex with modern amenities, ideal for investors.
      40 Mathison St, Dayton, OH 45417
      View Details
    • New
      $165,000
      0.12 Acres

      Dayton Duplex Investment Opportunity

      Dayton duplex, priced to sell, great for investment.
      2411 N Main St, Dayton, OH 45405
      View Details
    • New
      $295,000
      2,815 SF

      Updated Triplex in Historic Dayton

      Recently remodeled triplex in Dayton's Huffman neighborhood.
      76-78 Huffman Ave, Dayton, OH 45403
      View Details
    • $2,500,000
      0.45 Acres

      Historic Downtown Dayton Landmark Property

      Unique property with endless possibilities in downtown Dayton.
      138 W 1St St, Dayton, OH 45402
      View Details

    FAQs

    What type of property is this?
    Land - 5.45 Acres, High Traffic Area
    Where is this land located?
    The property is located at Dayton, OH.
    What are key features of this property?
    This property features: 5.45-acre commercial land parcel in Miamisburg, OH.; High-visibility location at a signalized intersection of N Springboro Pike and Newmark Drive.; Excellent daily traffic counts of 24,900 vehicles on Springboro Pike.
    Request Owner's contact information
    Dayton, OH 45342
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Dayton, OH 45342
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Dayton, OH 45342
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.