2366 Dixie Dr Kettering, OH 45409
- Retail space
- 1,152 SF
- 0.13 lot acres
Current Use by Public Records
- Debbie's Barber Shop / Barber Shop
- Gem City Kustoms / Clothing Store
Property Details for 2366 Dixie Dr
- Year built
- 1947
- Construction
- FRAME
- Lot size
- 0.13 lot acres
- Property size
- 1,152 SF
- Property type
- Retail space
- APN
- N64 00303 0055
- APU
- N64003030055
Description
This exceptional investment opportunity presents a 1,152 square foot, freestanding commercial building located at 2366 S Dixie Dr, Dayton, OH 45409, in Kettering's thriving Montgomery County. The property, built in 1947, features two units, each with a half bath, and a full basement also containing a half bath. The single-story building sits on a 5,602 square foot lot and offers nine parking spaces, ensuring ample customer and employee parking. The property boasts excellent signage and visibility, benefiting from its strategic location in a high-traffic area with convenient access to I-75 and US 35. The building features large display windows, allowing abundant natural light. Central air and heating are installed. The property is currently vacant and zoned B Business - General Business, making it suitable for a variety of retail or office uses. The asking price is $199,900, representing a price per square foot of $173.52. This sale is structured as a sale/leaseback. The property's well-maintained condition, combined with its prime location and strong demographics, presents a compelling investment opportunity with significant potential for growth. Nearby amenities include schools and parks. The property's high visibility and convenient location, coupled with its ample parking and versatile zoning, make it an ideal choice for a variety of businesses. The average daily traffic count is 17,034.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $180,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $215,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $200,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $205,000
- Mixed-Use
- $165,000
- Hospitality
- $205,000
- Educational
- $170,000
- Residential Income
- $200,000
- Energy
- $180,000
- Income-Based Land
- $170,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.197
- Latitude
- 39.7206
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
