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Property profile & analytics
OFF-MARKET
Estimated value
$2,135,000
Grocery and convenience stores
4506 Brandt Pike Dayton, OH 45424-6071
Entity Owned
Absentee Owner
Free & Clear
Property ID
US66-2174394
Property summary
AI-generated overview
This exceptional 12.7-acre commercial land parcel presents a remarkable investment opportunity in Dayton, Ohio. Located at 4506 Brandt Pike, the property boasts a highly desirable location at the northeast quadrant of Brandt Pike and Harshman Road, in Montgomery County, zip code 45424. The land is zoned Suburban General Commercial, providing flexibility for a variety of development options. Its strategic position directly south of an operating Kroger grocery store ensures high traffic volume and excellent visibility. The site offers unparalleled access and visibility from both Brandt Pike and Harshman Road, maximizing exposure to potential customers. This prime location is surrounded by a thriving retail environment, including established businesses such as Sonic, Tire Discounters, UDF, Gordon Food Services, Wendy's, Pizza Hut, and Dollar Tree. The asking price for this exceptional property is $625,000. This presents a unique chance to acquire a significant commercial land holding in a high-demand area with strong existing infrastructure and a proven track record of retail success. Don't miss this opportunity to secure a prominent location for your next commercial venture.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2001
Total area
73,190 SF
Lot
11.55 ac (503,074 SF)
APN
R72217303 0047
UPID
US66-2174394
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
Current use
Occupant on record · Public records
-
Kroger Fuel Center Gas Station
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
higi Physician
-
KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
-
Kroger Money Services Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.55M
Blend (final)
Blend
$2.14M
Owner & transaction history
KROGER I
KROGER I
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dayton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,510,000
Current use
COMMERCIAL (GENERAL)
$3,475,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$29 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$102,450
Tax year 2023
Assessed value
$1,215,690
Assessed 2023
Previous assessed
$1,157,800
+5.0% YoY
Effective rate
8.43%
On assessed value
Assessed land
$332,310
Assessed improvement
$883,380
Land market value
$949,450
Improvement market value
$2,523,950
Total market value
$3,473,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2001
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
73,190 SF
Lot
11.55 ac (503,074 SF)
APN
R72217303 0047
UPID
US66-2174394
Jurisdiction
MONTGOMERY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.5M
RETAIL STORES Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
YES
Cooling
Yes
Stories
1
Lot
11.55 ac
Current owner
From public records · entity-resolved
KROGER I
Individual
Free & Clear · 0 yrs held
Mailing address
1014 VINE ST, CINCINNATI, OH 45202-1141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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