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Property profile & analytics
FOR SALE
Commercial land

1450 S Elm St Dayton, OH 45449

5.35 ac lot
Entity Owned 5-yr Hold Free & Clear
Property ID
US66-1357673
Property summary
AI-generated overview

This exceptional 5.35-acre commercial land parcel presents a rare development opportunity in West Carrollton, Ohio. Located at 1450 S Elm St, Dayton, OH 45449 (APN K48-00416-0032), this high-visibility site boasts a strong focal point at the city's south entrance, offering excellent exposure on busy S. Alex Road. Zoned R-PUD, the property is ideally suited for various commercial uses, including senior living facilities or office buildings. Its strategic location within a populated residential area provides immediate access to a substantial customer base. Furthermore, the property enjoys convenient proximity to major transportation arteries such as I-75 and I-675, the Dayton Mall, and Sycamore Hospital. Nearby amenities include shopping, services, and parks, enhancing its appeal and potential. This prime location is one of the few remaining sizeable tracts available for commercial development in West Carrollton. The asking price is $213,908 ($39,983/acre). Importantly, this property is eligible for New Market Tax Credits (NMTC), presenting significant financial advantages for qualified buyers. This is a truly exceptional opportunity to acquire a highly desirable commercial land parcel in a thriving community.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 5.35 ac (233,046 SF)
APN K48 00416 0032
UPID US66-1357673
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
City Of West Carrollton · 5 yrs held
City Of West Carrollton
since 2021
4 recorded transactions
2021
Price N/A
2021
$16,667
2013
Price N/A
2002
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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