Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    23.99 Acre Homesite in Ohio Title is generated by Realmo AI

    Dayton-Brandt Road lot 3, New Carlisle, OH 45344

    View on Map
    Claim this Listing
    For Sale
    $314,500

    LAND - New Carlisle, OH

    Lot size:
    23.99 Acres
    Added:
    Apr 2, 2026
    Days on Market:
    45
    Last Refresh:
    May 16 at 6:06 pm

    Property Features for Dayton-Brandt Road lot 3

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    a010593003
    Lot size
    23.99 Acres

    Taxes and HOA fees

    Tax Year
    2025

    We can help!

    Listing Contact
    Dustin Leis
    Dustin Leis

    Listing agent Dustin Leis License #2012001538

    Listing office Leis Realty 535 E Main St., Greenville, OH

    Listing date Apr 2, 2026

    MLS# 1044684 Listing URL

    Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 23.991‑acre homesite offering a private, tree‑lined setting.
    • Exclusively offered with D.A. Bowman Construction for a fully customized home.
    • Convenient access to I‑70, downtown Dayton, and the airport.
    • Proximity to over 15 parks and nature preserves within 17 miles, including Charleston Falls Preserve.
    • Ideal for buyers ready to build within the next 12 months.
    • Located in the Bethel School District.

    Overview

    This 23.991-acre homesite, identified as Lot 3, is located in Shaw Meadows, offering a setting with tree lines running through the property. It is suitable for a private custom estate. The property is offered exclusively with D.A. Bowman Construction, allowing for a fully customized home with a guided process. Shaw Meadows is located just outside Tipp City and Northeast Dayton, providing access to I-70, downtown Dayton, and the airport, while maintaining a rural atmosphere. The location provides access to over 15 parks and nature preserves within 17 miles, including Charleston Falls Preserve. The property is located near dining, recreational opportunities, and the Bethel School District, making it an ideal setting for a home surrounded by nature in New Carlisle, Ohio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    New Carlisle
    County
    Clark
    State
    Ohio
    Longitude
    -84.0096
    Latitude
    39.9604

    Nearby Similar for Sale

    • $310,000
      2,000 SF

      Income-Generating Multi-Family Property

      Tenant-occupied multi-family property generating $3,035/month in rental income.
      906 W Lake Avenue, New Carlisle, OH 45344
      View Details
    • $295,000

      Land in Shaw Meadows Community

      21.456 acres homesite in a thoughtfully planned community.
      Dayton-Brandt Road lot: 1, New Carlisle, OH 45344
      View Details
    • $314,500

      Expansive Homesite in Shaw Meadows

      Nearly 24 acres for custom home in Shaw Meadows.
      Dayton-Brandt Road lot: 4, New Carlisle, OH 45344
      View Details
    • $319,500

      Expansive Acreage with Dual Frontage

      23.991-acre homesite with flexibility for custom-built home.
      Dayton-Brandt Road lot: 2, New Carlisle, OH 45344
      View Details
    • $1,488,721
      5,347 SF

      Freestanding Advance Auto Parts

      Single tenant NNN leased investment property with credit tenant.
      439 N Main St, New Carlisle, OH
      View Details
    • $299,900

      Residential Land in New Carlisle

      5.63 acre residential lot with excellent road access.
      N Dayton-Lakeview Road, New Carlisle, OH 45344
      View Details
    • $1,400,000
      222,156 SF

      Commercial Land in New Carlisle

      5.1-acre commercial lot in New Carlisle, offering development opportunities.
      N Dayton-Lakeview Road, New Carlisle, OH 45344
      View Details
    • $699,000

      Prime Commercial Land Opportunity

      Land suitable for restaurant, bank, or retail development.
      1720 Addison New Carlisle Rd, New Carlisle, OH
      View Details
    • Contact for pricing

      Restaurant and Bar with Kitchen

      Restaurant and bar with full commercial kitchen for sale.
      376 Quick Rd, New Carlisle, OH
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Private, tree-lined 23.99 acre homesite near Dayton and Tipp City.
    Where is this residential land & home lot located?
    The property is located at Dayton-Brandt Road lot 3 New Carlisle, OH.
    What is the asking price?
    The asking price for this property is $314,500.
    What are key features of this property?
    This property features: 23.991‑acre homesite offering a private, tree‑lined setting.; Exclusively offered with D.A. Bowman Construction for a fully customized home.; Convenient access to I‑70, downtown Dayton, and the airport.
    (937) 548-5750
    We can help!
    Listing Contact
    Dustin Leis
    Dustin Leis
    Real Estate License ID: 2012001538
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Dayton-Brandt Road lot: 3, New Carlisle, OH 45344
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!