1900 Progress Dr Xenia, OH 45385
This exceptional 1.5-acre commercial land parcel presents a prime development opportunity in Xenia, Ohio. Strategically located at 1900 Progress Dr, this outlot enjoys exceptional visibility and accessibility, situated near a high-traffic intersection of West Main Street and Progress Drive, experiencing approximately 35,000 vehicles daily. The property benefits from a robust and affluent surrounding community. A population exceeding 525,000 resides within a 15-mile radius, boasting average household incomes surpassing $80,000. Furthermore, a significant daytime population of 266,000 employees is within a 15-mile radius, largely attributed to the presence of Wright-Patterson Air Force Base, Ohio's largest single-site employer. The area's high daytime population is further amplified by the substantial student population drawn to the 20 colleges and universities located within a 25-mile radius. This outlot is ideally positioned alongside established businesses including Rural King, Kroger, Harbor Freight, Sally Beauty, Snap Fitness, Chipotle, and Wright-Patt Credit Union, ensuring high visibility and foot traffic. This presents a unique chance to establish a thriving commercial venture in a thriving and densely populated area. The property is zoned for commercial use (verification required by buyer). This 1.5-acre parcel offers significant potential for various commercial developments.
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Rural King Tractors Agricultural Supply
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Rural King Guns Gun Shop
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Rural King Big Box & Wholesale Store Agricultural Supply
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.