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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Salem Ave Dayton, OH 45416

121,250 SF Built 1968
Property ID
Property summary
AI-generated overview

Highland Plaza, located at 45416 Salem Ave in Trotwood, Ohio, presents a unique investment opportunity. This Class A commercial property boasts a total of 121,250 square feet across three single-story buildings situated on a generous 13.81-acre lot. Built in 1968, the property is zoned for commercial use and offers flexible space options, suitable for a variety of uses including retail, creative office, traditional office, executive office, medical office, and coworking spaces. Multiple tenancies are available, with a minimum divisible space of 1,300 square feet and larger spaces up to 78,000 square feet currently available for lease. The property benefits from its strategic location in Montgomery County, within a regional trade area anchored by major retailers such as Home Depot, Kmart, and Best Buy, ensuring high visibility and convenient access for businesses and customers. Existing tenants include Fifth Ave Men's Wear and Ivory's Pizza and Subs, demonstrating the property's appeal to a diverse range of businesses. Ample parking is available, catering to both tenants and customers. Aggressive leasing rates are currently available. This property offers a compelling combination of size, location, and versatility, making it an ideal investment for businesses seeking a prominent presence in the Dayton area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1968
Total area 121,250 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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