1450 S Elm St Dayton, OH 45449
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.