Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Outlet malls

    5351 Salem Ave, Dayton, OH 45426

    38,351 SF 3.46 ac lot Built 1994
    Trust Owned 14-yr Hold Free & Clear
    Property ID
    US66-2670987
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1994
    Total area 38,351 SF
    Lot 3.46 ac (150,718 SF)
    APN H33 00807 0002
    UPID US66-2670987
    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
    • Grandview Building & Supply Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.04M
    Blend (final) Blend
    $990k
    Owner & transaction history
    Abecassis Aron Trust · 14 yrs held
    Abecassis Aron Trust
    since 2012
    5 recorded transactions
    2012
    2012
    $600,000
    2007
    $2,000
    2007
    $650,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message