Property profile

147 National Rd Vandalia, OH 45377

OFF-MARKET
Investment properties
Property ID
US66-0130477
2,659 SF 0.26 ac lot Built 1890
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This 4,156 square foot storefront, located at 147 W National Rd in Vandalia, Ohio, is available for $245,000 ($58.95/sq ft). The property boasts a prime location on the historic Route 40/National Road, experiencing high traffic volume. Its proximity to Dayton International Airport, major businesses, and distribution hubs makes it exceptionally attractive. Convenient access to I-70 (0.65 miles) and the I-75/I-70 interchange (2.48 miles) further enhances its accessibility. The building, constructed in 1950, features a whitebox renovated interior, including a new HVAC system, windows, and roof with new wood decking. The 0.26-acre lot provides ample parking for 17 vehicles. The property is zoned for retail commercial use and offers a versatile space suitable for retail, service businesses, gift shops, professional offices, or medical practices. The building is a two-story structure with one building. This is a vacant property ready for immediate occupancy. The area is surrounded by numerous major retailers and restaurants.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1890
Construction FRAME
Total area 2,659 SF
Lot 0.26 ac (11,522 SF)
APN B02 00102 0028
UPID US66-0130477

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

147 National Rd Vandalia, OH 45377-1934
Vandalia metro Census 115011 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
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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
$145k

Owner & transaction history

since 2025
Last sale
$141,800
7 recorded transactions
2025
$141,800
2022
$36,000
2022
$72,000
2005
Price N/A
2005
$106,500
2003
$78,500
1998
$121,900

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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