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Property profile & analytics
OFF-MARKET
Retail space

4155 Salem Ave 4171 Dayton, OH 45416-1702

6,000 SF 0.48 ac lot Built 1966
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US66-2632797
Property summary
AI-generated overview

This exceptional Dayton, Ohio retail property presents a unique investment opportunity. Located at 4155 Salem Ave, in Montgomery County, zip code 45416, this 6,000 square foot building sits on a 0.86-acre lot. Constructed in 1965, the single-story structure features four distinct units, each with its own private entrance, offering flexibility for a variety of uses. The units are ideal for diverse businesses, from restaurants and bars to professional offices or retail spaces. Each unit benefits from large windows, providing ample natural light. The asking price for this multi-unit property is $300,000. The property's versatility and prime location in Dayton make it an attractive investment for those seeking a strong return. The building's layout and size provide ample space for various business configurations, allowing for customization to suit individual tenant needs. This is a rare opportunity to acquire a well-located, established property with significant potential for growth and income generation. The property's existing infrastructure and layout offer immediate occupancy potential, minimizing upfront investment costs. The 0.86-acre lot provides ample space for potential expansion or outdoor seating areas, further enhancing the property's value and appeal.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Total area 6,000 SF
Lot 0.48 ac (20,909 SF)
APN H33302112 0041
UPID US66-2632797
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Aroma Hookah Lounge LLC · 6 yrs held
Aroma Hookah Lounge LLC
since 2019
6 recorded transactions
2019
$115,000
2019
$67,200
2018
$55,000
2014
$130,000
2004
$225,000
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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