9393 Springboro Pike Miamisburg, OH 45342
- Office buildings
- 4.74 lot acres
Current Use by Public Records
- Office buildings
Property Details for 9393 Springboro Pike
- Year built
- 1983
- Lot size
- 4.74 lot acres
- Property type
- Office buildings
- APN
- K45 02606 0061
- APU
- K45026060061
Description
This exceptional commercial land opportunity presents up to 3.5 acres for lease or build-to-suit development on Springboro Pike in Montgomery County. Ideally situated just north of Austin Landing, this property benefits from a thriving, rapidly developing surrounding area. The site boasts strong residential and daytime demographics, ensuring a robust customer base for any retail venture. With convenient access at two signalized intersections, visibility and accessibility are maximized. The high traffic volume on North Springboro Pike, exceeding 26,000 vehicles daily (ADT), guarantees significant exposure for businesses. This single-tenant parcel offers flexibility for developers seeking to construct a new building tailored to their specific needs or those looking for a ready-to-occupy space. The available land size ranges from 1.5 to 3.5 acres, providing ample space for a variety of retail concepts. Lot 3 is currently leased, but other outlots are available for development. This location presents a unique chance to capitalize on the growth and potential of this dynamic area. The property's strategic placement and high visibility make it an attractive investment for businesses seeking a prominent presence in a rapidly expanding market. Inquire today to learn more about this exceptional retail land opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,970,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,835,000
- 6.5%
- $7,980,000
- 7%
- $9,335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,285,000
- Geo Method
- $7,345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,985,000
- Retail
- $9,880,000
- Mixed-Use
- $8,450,000
- Hospitality
- $8,665,000
- Educational
- $9,165,000
- Residential Income
- $8,110,000
- Energy
- $7,125,000
- Income-Based Land
- $9,110,000
- Food Service
- $8,810,000
Location Insight
- Map
- Local Demand
- City
- Miamisburg
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.2285
- Latitude
- 39.6148
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA