0 Hospitality Dr Xenia, OH 45385
This exceptional 1.25-acre commercial land parcel presents a unique investment opportunity in Xenia, Ohio. Located on Hospitality Drive, this B-3 General Business zoned property enjoys a high-traffic location directly across from Lowe's and Walmart, ensuring excellent visibility and accessibility. The site benefits from its position within an Opportunity Zone, offering potential tax advantages. Development options are flexible, with opportunities for sale, ground lease, or build-to-suit arrangements. Pre-existing infrastructure includes off-site detention, minimizing development complexities. High traffic counts are a key feature, with 8,320 vehicles per day (VPD) on Progress Drive, 15,303 VPD on West Main Street, and 26,586 VPD on US-35. The surrounding area boasts strong demographics, including a population of 49,132 within a 5-mile radius, an average household income of $111,556, and a robust business community with 1,318 businesses employing 12,931 people. Projected population and household growth further solidify this property's long-term value and potential for significant return on investment. The asking price for this exceptional property is $650,000. This is a rare opportunity to acquire a strategically located commercial parcel in a thriving market. The property's size, zoning, and location make it ideal for a variety of commercial developments.
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.