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    615 Miamisburg Centerville Rd Dayton, OH 45459

    Sponsored
    For Sale
    $5,195,000

    4.84 Acres, Prime Dayton Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.84-acre commercial land parcel in Montgomery County, Ohio, presents a unique development opportunity. Located at 615 Miamisburg Centerville Road, Dayton, OH 45459, this property is zoned PD-B4 (Planned Development Business District) within Washington Township, offering significant flexibility for various commercial ventures. The site boasts high visibility and traffic volume, averaging 18,000 to 24,000 vehicles daily, due to its convenient location less than two miles from I-675 and four miles from I-75. Proximity to numerous amenities, including shopping centers, restaurants, grocery stores, and banks, further enhances its appeal. The asking price is $5,195,000. A key advantage is the absence of city income tax. Currently, there is an existing building on the property generating income until July 31, 2026. This rare tract of land in Washington Township offers exceptional potential for developers seeking a strategic location with high traffic counts and convenient access to major highways. The property's size and zoning make it suitable for a wide range of commercial developments.

    Property Features for 615 Miamisburg Centerville Rd

    General Information

    Property type
    Land
    Lot Size
    210,830 SF

    HighLights

    • 4.84± acres of developable land in Washington Township.
    • Rare development opportunity in a Planned Development Business District (PD‑B4) zoning.
    • Existing building with income through 7/31/2026. No city income tax.
    • Excellent access to shopping, dining, and banking amenities.
    • Less than 2 miles from I‑675 and 4 miles from I‑75, with 18,000‑24,000 daily vehicles passing by.
    Property Profile Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Trailer Rental Service Your Adventure Golf Miniature Golf Course

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.174801015934
    Latitude
    39.627927289505

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    FAQs

    What type of property is this?
    Land - 4.84 Acres, Prime Dayton Location
    Where is this land located?
    The property is located at 615 Miamisburg Centerville Rd Dayton, OH.
    What is the asking price?
    The asking price for this property is $5,195,000.
    What are key features of this property?
    This property features: 4.84± acres of developable land in Washington Township.; Rare development opportunity in a Planned Development Business District (PD-B4) zoning.; Existing building with income through 7/31/2026. No city income tax.
    (937) 469-8269
    Request Owner's contact information
    615 Miamisburg Centerville 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
    615 Miamisburg Centerville Rd Dayton, OH 45459
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