305 Main St Pleasant Hill, OH 45359
Property Lookup
Property profile & analytics
305 Main St Pleasant Hill, OH 45359
- Retail space
- 9,120 SF
- 1.83 lot acres
Property ID
US66-4539300
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
- Retail space
Property Details for 305 Main St
- Year built
- 2013
- Lot size
- 1.83 lot acres
- Property size
- 9,120 SF
- Property type
- Retail space
- APN
- I26-003305
- APU
- I26003305
Description
This exceptional investment opportunity features a 9,026 square foot Dollar General store in Pleasant Hill, Ohio, operating under a 15-year absolute NNN lease with three, 5-year options. The lease commenced August 25, 2013, and expires August 31, 2028, leaving approximately 3.8 years remaining. The property boasts a 7.50% cap rate and a strong NOI of $90,983, with a sale price of $1,213,109 ($134.40/sq ft). Rent increases by 10% during each option period. The single-story building, constructed in 2013, sits on a 1.68-acre lot (APN: I26-003305). The tenant, Dollar General, is credit-rated and provides a corporate guarantee, ensuring a secure investment. The property enjoys 100% occupancy since its opening on August 25, 2013. Located at 305 S Main St, Pleasant Hill, OH 45359, this property benefits from a strong demographic profile, including an average household income within a 5-mile radius of $100,534 and a population of approximately 193,622 within a 10-mile radius. The property is conveniently located within approximately a 30-minute drive of downtown Dayton, OH, and approximately a 24-minute drive from Dayton International Airport. Limited competition in the immediate area further enhances the investment potential. This fee-simple ownership offers a compelling opportunity for long-term, passive income generation.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,435,000
- 6.5%
- $1,325,000
- 7%
- $1,230,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $884,000
- AI Estimate
- $1,023,000
Market price range: $299k - $885kMarket price range: $329k - $1.02M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $780,000
- COMMERCIAL (GENERAL)
- $770,000
- WAREHOUSE, STORAGE
- $570,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pleasant Hill
- County
- Miami
- State
- Ohio
- Longitude
- -84.3434
- Latitude
- 40.0477
- 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
$11,818
$15,750
$223,480
$239,230
-
$45,000
$638,500
$683,500
