490 Woodman Dr Dayton, OH 45431-2047
Property profile & analytics
490 Woodman Dr, Dayton, OH 45431-2047
- Grocery and convenience stores
- 1,980 SF
- 0.53 lot acres
Property ID
US66-0138798
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
- Taqueria Los 3 Cmachos / Restaurant
Property Details for 490 Woodman Dr
- Year built
- 1970
- Construction
- FRAME
- Lot size
- 0.53 lot acres
- Property type
- Grocery and convenience stores
- APN
- I39 00918 0005
- APU
- I39009180005
Description
This exceptional investment opportunity features a brand-new, 1,418-square-foot Take 5 Oil Change located at 490 Woodman Dr, Riverside, OH 45431. Situated on a 0.43-acre lot, the property boasts a strong 6.25% cap rate and a substantial net operating income (NOI) of $105,000 annually. The property is subject to a 20-year triple-net (NNN) lease, commencing upon closing, with a corporate guarantee from Driven Funding Holdco, LLC (approximately 3,500 units). This NNN lease structure ensures minimal landlord responsibilities, providing a passive income stream for the investor. The lease includes attractive annual rent increases of 1.50%, further enhancing the long-term return on investment. Built in 2024, this property offers a secure and stable investment with four, five-year renewal options built into the lease agreement. The asking price is $1,680,000, representing a price per square foot of $1,184.77. The property is currently 100% occupied, providing immediate cash flow. This is a rare opportunity to acquire a high-performing, low-maintenance commercial property with a blue-chip tenant in a desirable location. The property's strong financials and long-term lease make it an ideal addition to any investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $725,000
- ML approach
- $725,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.12
- Latitude
- 39.7597
- 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
$0.00
$33,750
$28,110
$61,860
-
$96,430
$80,320
$176,750
