Property profile

2900 Wilmington Pike Dayton, OH 45419

OFF-MARKET
Commercial land
Property ID
US66-2814871
0.05 ac lot
Individually Owned 13-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1-acre commercial property, located in Montgomery County on Wilmington Pike, presents a unique investment opportunity. The site is ideally suited for a single-tenant retail development, particularly a fast-food establishment with a drive-thru, given its high visibility and convenient access. The existing building offers 5,833 square feet of space, but the property is offered for a ground lease or a build-to-suit arrangement, providing flexibility for potential tenants. The location boasts excellent visibility and accessibility, with easy ingress and egress. Wilmington Pike experiences a high daily traffic count of 17,988 vehicles, ensuring significant exposure for any business operating on the site. The property's corner location further enhances its visibility and appeal. The high household income in the surrounding area makes this a prime location for a variety of retail businesses. This is an exceptional opportunity to secure a prominent retail location in a high-traffic area with strong demographics. The flexibility of a ground lease or build-to-suit option allows for customization to meet specific business needs. This property is zoned for commercial use. Serious inquiries only.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.05 ac (2,309 SF)
APN N64 03406 0095
UPID US66-2814871

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
  • Restaurant

Location

2900 Wilmington Pike Dayton, OH 45419-2145
Dayton metro Census 21200 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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