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Property profile & analytics
FOR SALE
Turn key restaurants

1205 N Gettysburg Ave Dayton, OH 45417

741 SF 0.39 ac lot Built 1989
Trust Owned 5-yr Hold Free & Clear
Property ID
US66-2813087
Property summary
AI-generated overview

This 741 square foot, vacant commercial property located at 1205 N Gettysburg Ave in Dayton, Ohio, presents a compelling investment opportunity. Previously a Rally's Hamburgers restaurant, this building, constructed in 1989 and renovated in 1998, is ideally suited for a quick-service restaurant or similar retail use. The property is situated on a highly visible, signalized corner lot in Montgomery County, Ohio, experiencing approximately 22,000 vehicles per day. Its EGC zoning provides flexibility for various business concepts. The location benefits from proximity to a recently renovated McDonald's and convenient access via public transportation, being situated on a bus line. The asking price is $450,000, translating to $607.29 per square foot. The lease type is NNN, and the property is currently vacant. Further enhancing its appeal, this property is located within an Opportunity Zone, offering potential tax advantages for investors. The building's previous configuration as a double drive-thru restaurant allows for a straightforward conversion back to this layout, providing significant operational flexibility for future tenants. This is a rare opportunity to acquire a well-located, adaptable commercial property in a thriving area of Dayton. The zip code is 45417.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1989
Construction FRAME
Total area 741 SF
Lot 0.39 ac (16,875 SF)
APN R72 12308 0038
UPID US66-2813087
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.18M
Owner & transaction history
Lui,jane F Family Trust · 5 yrs held
Lui,jane F Family Trust
since 2020
Last sale
$1.3M
6 recorded transactions
2020
Price N/A
2018
$1.3M
2014
$825,000
2011
Price N/A
2007
$825,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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