1700 W Park Sq Xenia, OH 45385
Property profile & analytics
1700 W Park Sq Xenia, OH 45385
- Grocery and convenience stores
- 48,523 SF
- 6.26 lot acres
Property ID
US66-2728750
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Kroger Pharmacy / Pharmacy
- higi / Physician
- Kroger Money Services / Bank / Credit Union
- ATM (Fifth Third Bank) / Atm
- MoneyGram / Bank / Credit Union
Property Details for 1700 W Park Sq
- Year built
- 1994
- Lot size
- 6.26 lot acres
- Property size
- 48,523 SF
- Property type
- Grocery and convenience stores
- APN
- M40-0001-0055.0-0003.00
- APU
- M40000100550000300
Description
This exceptional retail property, W. Park Square Shopping Center, presents a compelling investment opportunity in the thriving Xenia, Ohio market. Located at 1700 W Park Square, Xenia, OH 45385, this single-story, 104,873 square foot shopping center boasts a prime location off Progress Drive, directly accessible from Business State Route 35 (W. Main Street). Built in 1994 and renovated in 2001, the center offers 14 suites, with 10,800 square feet currently available for lease. Spaces range from a minimum of 1,400 square feet to a maximum contiguous space of 3,000 square feet, providing flexibility for various retail concepts. The property benefits from ample parking with 596 spaces. This well-established center enjoys a strong tenant mix, including a Kroger anchor store, along with Rural King, Harbor Freight, Feeders Pet Supply, and Sally Beauty. Chipotle and Wright-Patt Credit Union are conveniently located in outparcel pads, further enhancing the center's appeal and drawing significant customer traffic. This is an excellent chance to acquire a piece of a successful, established retail center in a desirable location. The property offers immediate occupancy potential for businesses seeking high visibility and convenient access.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,630,000
- 6.5%
- $7,045,000
- 7%
- $6,540,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,668,000
- AI Estimate
- $3,981,000
Market price range: $1.94M - $5.67MMarket price range: $1.40M - $3.98M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $3,680,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Xenia
- County
- Greene
- State
- Ohio
- Longitude
- -83.9588
- Latitude
- 39.6894
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$75,880
$417,150
$1,024,700
$1,441,850
-
$1,191,860
$2,927,710
$4,119,570
