630 Dixie Dr Dayton, OH 45449
- Commercial real estate
- 5,259 SF
- 1.42 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 630 Dixie Dr
- Year built
- 1985
- Construction
- FRAME
- Lot size
- 1.42 lot acres
- Property size
- 5,259 SF
- Property type
- Commercial real estate
- APN
- K48 00110 0035
- APU
- K48001100035
Description
This exceptional 1.415-acre commercial land parcel, located at 630 E Dixie Dr in Dayton, Ohio (Montgomery County, zip code 45449), presents a unique investment opportunity. The property, identified by APN # K48 00110 0035, is strategically situated near I-75, placing it within the burgeoning Miami Bend Community entertainment District. High traffic counts are a key advantage, with 12,584 vehicles passing the corner intersection daily, and an additional 20,665 on Alex Road. This prime location is surrounded by established national and regional businesses along East Dixie Drive and Alex Road, ensuring high visibility and accessibility. The property is ideally suited for a variety of commercial developments, including quick-service restaurants (QSRs), sit-down restaurants, retail spaces, storefronts, and other commercial structures. All essential utilities are readily available, including cable, curb and sidewalk access, electricity, gas, irrigation, sewer, streets, telephone, and water. The asking price for this exceptional property is $450,000. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly growing area of Dayton. This is a rare opportunity to capitalize on the significant potential of this prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $320,000
- 6.5%
- $330,000
- 7%
- $340,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $265,000
- Mixed-Use
- $295,000
- Hospitality
- $270,000
- Educational
- $325,000
- Residential Income
- $280,000
- Energy
- $295,000
- Income-Based Land
- $305,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.2426
- Latitude
- 39.6749
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA