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    Property profile & analytics

    3970-3988 Salem Ave Dayton, OH 45406

    • Retail properties
    • 12,900 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 3970-3988 Salem Ave

    Lot size
    5.00 lot acres
    Property size
    12,900 SF
    Property type
    Retail properties
    Property subtype
    Retail space

    Description

    This exceptional investment opportunity presents a 12,900 square foot storefront property located at 3970-3988 Salem Ave in Trotwood, Ohio, 45406. Situated on a five-acre lot, this retail space offers a substantial net rentable area of 3,000 square feet, ideal for a variety of commercial ventures. The asking price is $795,000. The property's prominent location in Montgomery County ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving market. The substantial total square footage provides ample space for expansion or diverse uses within the retail sector. This property is categorized as a storefront and represents a significant investment potential due to its size, location, and the considerable amount of space available. The address is easily accessible and benefits from high traffic volume, making it an ideal location for a business seeking maximum exposure. This is a rare opportunity to acquire a large, well-positioned retail property in a desirable area. Serious inquiries are encouraged.

    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
    -84.2543
    Latitude
    39.801

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      3956 Salem Ave, Unit 3964

      RETAIL STORES (PERSONAL SERVICES) • 0.10 Acres
      3956 Salem Ave, Dayton, OH 45406-1532
      View Details
    • Value Estimation by Request
      0.09 Acres

      2259 Gettysburg Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
      2259 Gettysburg Ave, Dayton, OH 45406
      View Details
    • Value Estimation by Request
      11,416 SF

      445 Salem Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,416 SF
      445 Salem Ave, Dayton, OH 45406-5815
      View Details
    • Value Estimation by Request
      1,008 SF

      3950 Salem Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
      3950 Salem Ave, Dayton, OH 45406-1532
      View Details
    • Value Estimation by Request
      3,813 SF

      528 Salem Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,813 SF
      528 Salem Ave, Dayton, OH 45406-5820
      View Details
    • Value Estimation by Request
      4,480 SF

      3505 Siebenthaler Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,480 SF
      3505 Siebenthaler Ave, Dayton, OH 45406-1535
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Trotwood Land Adjacent Home Depot

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      5200 Salem Ave, Trotwood, OH 45406
      View Details
    • $60,000
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      Prime Corner Commercial Land Available

      High-visibility commercial land in Dayton, OH, near major retailers.
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    • $150,000
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      Salem Ave Commercial Land - Dayton, OH

      Prime Dayton location, 1.26 acres, B-3 zoning.
      3977 Salem Ave, Dayton, OH 45406
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    • Contact for pricing
      0.31 Acres

      Residential Land in Dayton, Ohio

      Residential land available in Dayton, Ohio.
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    • $95,000
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      Dayton Duplex with Renovated Unit

      Well-maintained Dayton duplex with renovated unit and detached garage.
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    Similar Nearby for Lease

    • $14 SF/Yr
      1,532 SF

      Dayton Retail Space - 1532 SF

      Prime Dayton retail space, single tenant, 1532 sq ft.
      3504 Siebenthaler Ave, Dayton, OH 45406
      View Details
    • Contact for pricing
      74,726 SF

      Dayton Retail Space - 74,726 SF

      Prime Dayton retail space, single tenant, immediate occupancy.
      3530 Siebenthaler Ave, Dayton, OH 45406
      View Details
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    Dayton, OH 45406
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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.

    More about this property
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