0 Salem Ave Dayton, OH 45416
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.