Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    352 National Rd Vandalia, OH 45377-2306

    • Turn key restaurants
    • 4,074 SF
    • 1.31 lot acres
    OFF-MARKET
    Value Estimation
    $560,000
    Last Sale
    Oct 11, 2024
    $550,000
    Location Intelligence
    Property ID
    US66-1516031
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 352 National Rd

    Year built
    1998
    Lot size
    1.31 lot acres
    Property size
    4,074 SF
    Property type
    Turn key restaurants
    APN
    B02 00111 0028
    APU
    B02001110028

    Description

    This 4,074-square-foot former fast-food restaurant presents a unique opportunity in Vandalia, Ohio. Located at 352 E National Rd, this single-tenant property sits on a 1.31-acre lot with excellent visibility and accessibility. The building, while needing some exterior work and landscaping, is currently vacant and ready for immediate occupancy. The previous tenant vacated less than a year ago. The property boasts 212 feet of frontage on National Road (US 40), a major thoroughfare with a reported 19,075 vehicles per day (VPD) according to ODOT. Its strategic location offers convenient access to I-75, just 0.28 miles away, ensuring high traffic volume and exposure. The property also features access via a traffic light at the rear. The building is suitable for immediate use or redevelopment. A drive-thru window could be incorporated into a new build, should demolition be preferred. Tenant improvement (TI) allowances are available, contingent upon the tenant's creditworthiness. The owner is open to considering a sale of the property. This is an exceptional opportunity for a business seeking high visibility and convenient access in a busy commercial area. The tenant will be responsible for all building maintenance and upkeep.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $550,000

    • CAP approach

      CAP return
      Estimation
      6%
      $570,000
      6.5%
      $660,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $640,000
      Geo Method
      $525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $635,000
      Retail
      $650,000
      Mixed-Use
      $585,000
      Hospitality
      $590,000
      Educational
      $575,000
      Residential Income
      $515,000
      Energy
      $490,000
      Income-Based Land
      $635,000
      Food Service
      $560,000

    Location Insight

    • Map
    • Local Demand
    City
    Vandalia
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.1932
    Latitude
    39.8907
    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
    $40,623
    $185,780
    $382,190
    $567,970
    -
    $530,810
    $1,091,960
    $1,622,770

    Comparable in this City

    • Value Estimation
      $445,000
      1,880 SF

      224 Dixie Dr

      RESTAURANT • 1,880 SF
      224 Dixie Dr, Vandalia, OH 45377-2006
      View Details
    • Value Estimation by Request
      0.03 Acres

      26 National Rd

      RESTAURANT • 0.03 Acres
      26 National Rd, Vandalia, OH 45377-2130
      View Details
    • Value Estimation
      $540,000
      4,744 SF

      6425 Miller Ln

      RESTAURANT • 4,744 SF
      6425 Miller Ln, Vandalia, OH 45377
      View Details
    • Value Estimation
      $2,045,000
      2,500 SF

      275 National Rd

      RESTAURANT • 2,500 SF
      275 National Rd, Vandalia, OH 45377-2303
      View Details
    • Value Estimation
      $405,000
      2,940 SF

      323 National Rd

      RESTAURANT • 2,940 SF
      323 National Rd, Vandalia, OH 45377-2305
      View Details
    • Value Estimation
      $280,000
      8,908 SF

      22 Foley Dr

      RESTAURANT • 8,908 SF
      22 Foley Dr, Vandalia, OH 45377-2821
      View Details

    Similar Nearby for Sale

    • $1,000,000
      5,346 SF

      Retail Property on National Road

      Retail property available for sale in Vandalia, Ohio.
      706 W National Rd, Vandalia, OH 45377
      View Details
    • $395,000

      Commercial Land in Busy Center

      Graded lot with utilities in front of Kroger.
      Northwoods Blvd, Vandalia, OH 45377
      View Details
    • Contact for pricing

      Land Near Dayton Airport

      Commercial land available near Dayton International Airport.
      1475 Jackson Rd, Vandalia, OH 45377
      View Details
    • $450,000
      Pending

      Vandalia, OH Commercial Land

      Approximately 1 acre of highway business zoned land for sale.
      626 National Rd, Vandalia, OH 45377
      View Details
    • $475,000

      Highway Business Zoned Corner Lot

      Approximately 1 acre corner lot zoned for highway business.
      606 W National Rd, Vandalia, OH 45377
      View Details
    • $325,000
      2,120 SF

      Standalone Office Building For Sale

      2,120 SF office building with high visibility, easy highway access.
      725 S Dixie Dr, Vandalia, OH 45377
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      89,234 SF

      Shoppes at Northwoods Retail Space

      Vandalia, OH Retail Center - 1,600 SF Available
      780-796 Northwoods Blvd, Vandalia, OH 45377
      View Details
    • New
      $2,950 /Mo
      4,000 SF

      Vandalia Commercial Space For Lease

      4,000 sq ft commercial space with garage and office.
      346 N Dixie Dr, Vandalia, OH 45377
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Vandalia, OH

      Retail space available for lease in Vandalia, Ohio.
      798 Northwoods Blvd, Vandalia, OH 45377
      View Details
    • $20 SF/Yr
      3,115 SF

      Freestanding Retail Building For Rent

      3,115 SF freestanding building suitable for professional services.
      805 S Dixie Dr, Vandalia, OH 45377
      View Details
    • Contact for pricing
      99,000 SF

      99,000 SF Industrial Space Available

      99,000 SF industrial space for lease in Vandalia, OH.
      875 Center Dr, Vandalia, OH 45377
      View Details
    • $7 SF/Yr
      4,160 SF

      Vandalia Warehouse Space Available

      4,160 SF warehouse space for lease in Vandalia, Ohio.
      743-787 Crossroads Ct, Vandalia, OH 45377
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    352 National Rd
    Vandalia, OH 45377-2306
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.