Property summary
Salem Plaza, located at 5120 Salem Avenue in Dayton, Ohio's Montgomery County, presents a unique investment opportunity within the Dayton submarket. This shopping center offers multiple suites totaling 144,067 square feet, with three available spaces ranging from 14,528 to 99,294 square feet. The property boasts a highly visible location on State Route 49, experiencing traffic counts exceeding 21,000 vehicles daily. This prime location benefits from strong co-tenancy with established retailers such as Big Lots, Home Depot, Lowe's, JoAnn Fabrics, and Kroger, ensuring high foot traffic and brand recognition. The owner is motivated and open to creative reuse or redevelopment proposals, making this a rare value-add opportunity for prospective tenants seeking flexible and customizable spaces. Modern amenities and ample parking further enhance the appeal of this well-maintained property, providing an ideal environment for businesses to thrive and establish a strong presence in the Dayton market. The property's strategic positioning ensures easy access and excellent exposure, making it a desirable choice for businesses seeking a dynamic and accommodating environment to elevate their operations.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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