518 Miamisburg Centerville Rd Dayton, OH 45459
- Strip malls
- 81,266 SF
- 6.13 lot acres
Current Use by Public Records
- Uptown Hair by Teresa / Hair Salon
- Bombshell Beauty Bar / Beauty Salon
- Shear Hotness / Beauty Salon
Property Details for 518 Miamisburg Centerville Rd
- Year built
- 1978
- Lot size
- 6.13 lot acres
- Property size
- 81,266 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- O67 03815 0044
- APU
- O67038150044
Description
This exceptional retail opportunity is located in the highly desirable Centerville submarket, offering unparalleled visibility and accessibility. The property, known as Home Center, is a strip center featuring two available spaces, ranging from 1,195 square feet to 12,400 square feet, providing flexibility for various retail concepts. Its prime location on Miamisburg-Centerville Road boasts exceptional visibility and high traffic counts, exceeding 18,000 vehicles per day. This strategic positioning ensures maximum exposure to a large and affluent customer base. The center benefits from its proximity to numerous national retailers, including Big Lots, Sam's Club, Whole Foods, Esporta Fitness, Sky Zone, and Arhaus, creating a synergistic environment and attracting a significant volume of shoppers. Convenient access to I-675 further enhances accessibility for both customers and employees. Furthermore, the property offers attractive signage opportunities, including overhead and monument signage, providing excellent branding potential for tenants. This is a rare opportunity to establish a presence in a thriving retail hub with strong demographics and high traffic volume. Don't miss this chance to secure your place in Centerville's vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,810,000
- 6.5%
- $4,710,000
- 7%
- $4,080,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,630,000
- Geo Method
- $4,100,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,090,000
- Retail
- $3,890,000
- Mixed-Use
- $4,135,000
- Hospitality
- $4,160,000
- Educational
- $4,420,000
- Residential Income
- $4,325,000
- Energy
- $4,135,000
- Income-Based Land
- $4,310,000
- Food Service
- $3,775,000
Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.1737
- Latitude
- 39.6269
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
