2021 Lawndale Ave Fairborn, OH 45324
This exceptional commercial land parcel, located at 2021 Lawndale Ave, Fairborn, OH 45324, presents a unique investment opportunity. Situated on a sizable lot ranging from 17,000 to 20,000 square feet, this property is zoned for commercial use and boasts a highly desirable location. The property's address is at the corner of Beaver Valley Road and Lawndale Ave, providing excellent visibility and accessibility. Previously occupied by a car wash, the existing structure remains sound, and significant equipment is still in place, potentially reducing start-up costs for a new business. The area is experiencing significant growth, with planned new development scheduled for the coming year, promising increased traffic and potential for higher property values. This presents a great opportunity for retail or office space, benefiting from its proximity to existing restaurants and shopping centers. While the property is currently zoned for commercial use, potential buyers should be aware that rezoning may be required depending on the intended use. The asking price for this prime commercial land is $295,000.
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
B-1 · Fairborn, OHCosts & 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.