Current Use by Public Records
- Land
Property Details
- Property type
- Land
Description
This exceptional 5.45-acre commercial land parcel presents a unique investment opportunity in Miamisburg, Ohio. Strategically located on N Springboro Pike at Newmark Drive in Montgomery County (zip code 45342), this property boasts high visibility and accessibility due to its placement at a traffic light intersection. Springboro Pike experiences a significant daily traffic count of 24,900 vehicles, ensuring substantial exposure for any development. The site itself features a picturesque 1.8-acre lake, adding to its aesthetic appeal and potential for unique design integration. Zoning permits a variety of uses, including office space (business, medical, and nursing care facilities), banking institutions, and hotels (subject to conditional approval). The absence of a local earnings tax further enhances the financial attractiveness of this location for businesses and investors. This property offers developers a blank canvas to create a thriving commercial venture in a high-demand area with excellent infrastructure and accessibility. The latitude and longitude coordinates are 39.6444741 and -84.2245297 respectively. This is a rare opportunity to acquire a substantial commercial land parcel in a prime Dayton location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.2245
- Latitude
- 39.6445
