5351 Salem Ave, Dayton, OH 45426
For Sale
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This exceptional retail property at 5351 Salem Avenue in Dayton, Ohio presents a compelling investment opportunity. Boasting a substantial 40,101 square feet of retail space, this property is strategically located on a 3.46-acre lot, sharing a parking lot with a Lowe's home improvement store. Its prime location offers unparalleled visibility and accessibility, situated less than half a mile from major intersections, ensuring high traffic volume. The property features convenient loading and unloading capabilities with two loading docks and two additional drive-in doors, facilitating efficient operations. Beyond the main retail area, the property includes additional upstairs space, ideal for a secondary showroom, storage, or office space, expanding the potential uses and maximizing the return on investment. The property's adjacency to McDonald's and other food establishments further enhances its appeal and attracts a steady stream of potential customers. This is a rare opportunity to acquire a well-positioned, expansive retail space in a thriving commercial area with significant growth potential. The asking price is $995,000. This property is ready for immediate occupancy and offers a unique chance to establish or expand a successful retail business in a high-traffic location. The combination of size, location, and amenities makes this an exceptional investment opportunity.
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Grandview Building & Supply Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.