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    Paragon Rd Dayton, OH 45459

    Sponsored
    For Sale
    $308,550

    1.87-acre lot, $308,550, PD-O2 Zoning

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.87-acre commercial land parcel in Centerville, Ohio, presents a unique investment opportunity. Located on Paragon Road in Greene County (zip code 45459), this property boasts high visibility and accessibility due to its proximity to I-675, a major thoroughfare with a daily traffic count of 78,608 vehicles. Paragon Road itself sees 12,418 vehicles daily, ensuring significant exposure for any development. The land is zoned PD-O2, and plans for a 14,000 square foot building have already been approved, streamlining the development process. Priced at $308,550, or $165,000 per acre, this represents a compelling value proposition. The location offers the added benefit of no earnings tax, making it even more attractive for businesses. This prime commercial land is ready for immediate development, offering significant potential for a variety of commercial uses. The property's strategic location and favorable zoning regulations make it an ideal choice for investors seeking a high-return investment in a thriving Ohio market. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a highly desirable commercial property in a prime location.

    Property Features for 0 Paragon Rd

    General Information

    Property type
    Specialty properties
    Square Feet
    14,000 SF
    Lot Size
    81,457 SF

    HighLights

    • 1.87‑acre lot available.
    • $308,550 total price ($165,000 per acre).
    • High traffic counts: I‑675 (78,608 VPD), Paragon Road (12,418 VPD).
    • PD‑O2 zoning.
    • Approved plans for a 14,000 square foot building.
    • No earnings tax.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.1752756
    Latitude
    39.6343637

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    FAQs

    What type of property is this?
    Specialty property - 1.87-acre lot, $308,550, PD-O2 Zoning
    Where is this specialty property located?
    The property is located at Paragon Rd Dayton, OH.
    What is the asking price?
    The asking price for this property is $308,550.
    What are key features of this property?
    This property features: 1.87-acre lot available.; $308,550 total price ($165,000 per acre).; High traffic counts: I-675 (78,608 VPD), Paragon Road (12,418 VPD).
    Request Owner's contact information
    Paragon Rd Dayton, OH 45459
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    Dayton, OH 45459
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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
    Paragon Rd Dayton, OH 45459
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