Property profile

2366 Dixie Dr Dayton, OH 45409

OFF-MARKET
Retail space
Property ID
US66-0653584
1,152 SF 0.13 ac lot Built 1947
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 1,152 square foot, freestanding commercial building located at 2366 S Dixie Dr, Dayton, OH 45409, in Kettering's thriving Montgomery County. The property, built in 1947, features two units, each with a half bath, and a full basement also containing a half bath. The single-story building sits on a 5,602 square foot lot and offers nine parking spaces, ensuring ample customer and employee parking. The property boasts excellent signage and visibility, benefiting from its strategic location in a high-traffic area with convenient access to I-75 and US 35. The building features large display windows, allowing abundant natural light. Central air and heating are installed. The property is currently vacant and zoned B Business - General Business, making it suitable for a variety of retail or office uses. The asking price is $199,900, representing a price per square foot of $173.52. This sale is structured as a sale/leaseback. The property's well-maintained condition, combined with its prime location and strong demographics, presents a compelling investment opportunity with significant potential for growth. Nearby amenities include schools and parks. The property's high visibility and convenient location, coupled with its ample parking and versatile zoning, make it an ideal choice for a variety of businesses. The average daily traffic count is 17,034.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1947
Construction FRAME
Total area 1,152 SF
Lot 0.13 ac (5,602 SF)
APN N64 00303 0055
UPID US66-0653584

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Barber Shop
  • Clothing Store

Location

2366 Dixie Dr Dayton, OH 45409-1857
Dayton metro Census 20100 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2024
Last sale
$165,000
3 recorded transactions
2024
$180,000
2019
Price N/A
2001
$73,900

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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