Property profile

0 Salem Ave Trotwood, OH 45426

OFF-MARKET
Land
161,631 SF 1.24 ac lot
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Property summary

AI-generated overview

This exceptional 1.24-acre commercial land parcel presents a remarkable investment opportunity in Trotwood, Ohio. Located within the bustling Shiloh Springs Plaza, this outlot boasts 216 feet of frontage on Salem Avenue and benefits from its strategic position within a thriving shopping center anchored by a new Gordon Food Service Store. The property is zoned G-B, encouraging development and offering flexibility for a variety of retail uses. High traffic counts and excellent visibility ensure strong potential for any business. Easy access to major roadways, including Salem Avenue, Shiloh Springs Road, and Denlinger Road, further enhances its appeal. The existing 161,631 square foot shopping center provides ample parking, soon to be enhanced with resurfacing and new landscaping. The signalized intersection ensures optimal visibility and accessibility. Ideal uses include restaurants (with or without drive-thrus), bars, coffee shops, pharmacies, and other retail establishments. This outlot is available for sale or ground lease, presenting a unique opportunity to capitalize on a prime location within a dynamic retail environment. The property's size and location make it an attractive prospect for developers and businesses seeking high visibility and strong foot traffic.

Property profile

Verified
Property type Land
Total area 161,631 SF
Lot 1.24 ac (54,014 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Salem Ave Trotwood, OH 45426
Trotwood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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