Property profile

431 Miamisburg Centerville Rd 553 Dayton, OH 45459

OFF-MARKET
Strip malls
Property ID
US66-1635483
12,200 SF 10.42 ac lot Built 1988
Entity Owned Free & Clear
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Property summary

AI-generated overview

Normandy Square, located at 431 Miamisburg Centerville Rd in Dayton, Ohio (zip code 45459), presents a unique opportunity for retail businesses seeking a prime location. This Class A retail center comprises four single-story buildings totaling 187,752 square feet, encompassing 23 individual suites. Currently, there are three available spaces ranging from 1,508 to 6,650 square feet, providing flexibility for various retail concepts. The property sits on a substantial 10.42 acres of land, offering ample parking and visibility. Built in 1988, Normandy Square is zoned for RETAIL use and benefits from its established presence in a thriving Dayton commercial area. The property's multiple tenancy structure allows for a diverse mix of businesses, creating a vibrant and attractive shopping destination. The available spaces offer a chance to establish or expand a retail presence in a well-maintained, high-traffic location. Interested parties should inquire about specific suite availability and lease terms. The property's size and location make it an ideal investment for businesses seeking strong visibility and accessibility.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction FRAME
Total area 12,200 SF
Lot 10.42 ac (453,721 SF)
APN O67 03710 0149
UPID US66-1635483

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
  • Auto Repair Shop
  • Auto Repair Shop
  • Car Rental Facility

Location

431 Miamisburg Centerville Rd, Unit 553 Dayton, OH 45459-4753
Dayton metro Census 40401 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.09M
Blend (final) Blend
$1.00M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $905,000 +49.6%
Commercial (general) $875,000 +44.7%
Auto repair, garage $765,000 +26.3%

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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