5200 Salem Ave Trotwood, OH 45426
- Retail properties
- 125,184 SF
- 52.56 lot acres
Current Use by Public Records
- Ann Kurzer, OD / Physician
- The Home Depot / Building Supply / Hardware & Home Improvement
- Garden Center at The Home Depot / Garden Center
- Tool & Truck Rental Center at The Home Depot / Rental Equipment Company
Property Details for 5200 Salem Ave
- Year built
- 1967
- Lot size
- 52.56 lot acres
- Property size
- 125,184 SF
- Property type
- Retail properties
- APN
- H33 00514 0081
- APU
- H33005140081
Description
This exceptional 3.1-acre commercial land parcel presents a compelling investment opportunity in Trotwood, Ohio. Strategically located at 5200 Salem Avenue, this property enjoys a highly visible position on the northwest side of Dayton, offering excellent accessibility and exposure. Its adjacency to a Home Depot ensures high traffic counts and strong consumer presence. The site is ripe for development, presenting a unique chance to capitalize on the thriving retail landscape in the immediate vicinity. Neighboring businesses include Lowe's, Joann Fabrics, Big Lots, Shoe Carnival, Dollar Tree, U-Haul, Family Dollar, Pep Boys, and Dollar General, indicating a robust and diverse retail environment. The property's location within Montgomery County, Ohio, and its convenient access to major roadways, further enhances its appeal for a variety of commercial ventures. This substantial land area offers significant potential for developers seeking to establish a new retail center, build-to-suit projects, or other commercial enterprises. The property's size and location make it an ideal candidate for a variety of development projects. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a significant commercial land parcel in a high-demand area. Don't miss out on this exceptional investment prospect.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $8,300,000
- AI Estimate
- $5,715,000
Market price range: $3.64M - $12.7MMarket price range: $1.61M - $7.85M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $7,585,000 Current use
- OFFICE BUILDING
- $8,260,000 Change: +9% Conversion: Easy
- AUTO REPAIR, GARAGE
- $7,845,000 Change: +3% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $6,210,000 Change: -18% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.2787
- Latitude
- 39.8206
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA