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    Dayton, OH 45342
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    Dayton, OH 45342

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    • Lifestyle centers
    • 31,957 SF
    For Lease
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    Corners at the Mall: Dayton Retail Space For Lease
    Contact for pricing

    Corners at the Mall: Dayton Retail Space

    Prime Dayton retail, multiple suites available.

    Dayton, OH 45342
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    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details

    Property size
    31,957 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional retail opportunity, known as Corners at the Mall, is located in Miamisburg, Ohio, within Montgomery County. The property boasts a total of 31,957 square feet, spread across four suites, offering flexible space options for various retail businesses. Individual suites range in size from a minimum of 3,447 square feet to a maximum contiguous space of 13,334 square feet. This allows for businesses of varying scales to find a suitable fit within this thriving shopping center. The property's address is on N Springboro Pike, zip code 45342, providing excellent visibility and accessibility for customers. One notable space, Space 131, comprises a substantial 25,584 square feet and will become available on March 1st, 2025. This presents a unique chance for a larger retailer to establish a significant presence in this bustling commercial area. The property's strategic location within a well-established shopping center ensures high foot traffic and strong potential for business growth. This is an ideal investment for businesses seeking a prominent location in a vibrant Dayton community. The property is classified as a shopping center with multiple tenancies, offering a diverse and dynamic retail environment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.2265
    Latitude
    39.6414

    Comparable in this City

    • Value Estimation by Request

      8106 Springboro Pike

      Lifestyle centers
      8106 Springboro Pike, Dayton, OH 45342
      View Details
    • Value Estimation by Request
      0.74 Acres

      Springboro Pike

      MINI-MALL • 0.74 Acres
      Springboro Pike, Miamisburg, OH 45342
      View Details
    • Value Estimation
      $1,420,000
      18,044 SF

      3500 Rigby Rd

      SHOPPING CENTER, STRIP CENTER • 18,044 SF
      3500 Rigby Rd, Miamisburg, OH 45342-4505
      View Details
    • Value Estimation by Request
      10,938 SF

      3600 Rigby Rd

      SHOPPING CENTER, STRIP CENTER • 10,938 SF
      3600 Rigby Rd, Miamisburg, OH 45342-4974
      View Details
    • Value Estimation
      $505,000
      10,080 SF

      32 Fiesta Ln, Unit 38

      SHOPPING CENTER, STRIP CENTER • 10,080 SF
      32 Fiesta Ln, Miamisburg, OH 45342-5301
      View Details
    • Value Estimation by Request
      8,250 SF

      39 Fiesta Ln, Unit 49

      SHOPPING CENTER, STRIP CENTER • 8,250 SF
      39 Fiesta Ln, Miamisburg, OH 45342-5302
      View Details

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      117,410 SF

      Miamisburg Retail Property for Sale

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      Retail Space in Kingsridge Centre

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      Office/Retail Space with Storage

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      46-50 S 1St St, Miamisburg, OH 45342
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      Miamisburg Freestanding Commercial Building

      Versatile 5,688 SF building suitable for various business uses.
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      10,640 SF

      Dollar General Market For Sale

      New construction Dollar General Market on 1.25-acre parcel.
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      Mixed-Use Building in Historic District

      Renovated mixed-use property in Downtown Miamisburg's CBD Historic District.
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    Similar Nearby for Lease

    • Contact for pricing
      31,957 SF

      Corners at the Mall: Dayton Retail Space

      Prime Dayton retail, multiple suites available.
      Dayton, OH 45342
      View Details
    • Contact for pricing

      Commercial Space Available For Lease

      Commercial property available for lease in Miamisburg, Ohio.
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      1,235 SF

      Retail Space in Miamisburg Plaza

      Retail space available in a busy Miamisburg shopping center.
      209-217 Byers Rd, Miamisburg, OH 45342
      View Details
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      3,000 SF

      Mixed-Use Center Retail Opportunity

      Retail, restaurant, and office space in a dynamic mixed-use center.
      10635 Innovation Dr, Miamisburg, OH 45342
      View Details
    • Contact for pricing
      227,070 SF

      Dayton Retail Space For Lease

      227,070 SF retail space in Dayton, OH for lease.
      2700 Miamisburg Centerville Rd, Dayton, OH 45342
      View Details
    • Contact for pricing
      1,758 SF

      Retail End-Cap Space Available

      1,758 SF end-cap in dense retail corridor.
      71 Fiesta Ln, Miamisburg, OH 45342
      View Details
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    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.

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