5166 Wagner Frd Rd Dayton, OH 45414
This exceptional mixed-use property in Dayton, Ohio, presents a compelling investment opportunity. Located at 5166 Wagner Ford Rd, near I-75 and Dayton Raceway, this 5,506 square foot building sits on a 47,872 square foot lot and boasts a long-standing history as a successful mechanics garage. The property features seven bays (one with a semi-truck door), five lifts, a waiting room, and an owner's office, allowing for efficient and high-volume repair operations. Upstairs storage provides ample space for tools and parts. A significant advantage is the inclusion of a separate rental home, generating additional income. The property is zoned for commercial garage use and includes two septic systems. Built in 1950, this well-maintained property offers substantial untapped potential. Currently operating with only two mechanics, despite a significant backlog of work, the opportunity exists to expand operations and increase revenue immediately without significant capital investment. The current owner is willing to assist with the transition, providing valuable continuity and support for the new owner. This unique combination of a profitable business, rental income, and substantial land makes this a truly exceptional investment opportunity. The asking price is $950,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.