Financial
Distress signals
Property profile

5351 Salem Ave Dayton, OH 45426

FOR SALE
Outlet malls
Property ID
US66-2670987
38,351 SF 3.46 ac lot Built 1994
Last sale Mar 2012 · $600,000
Trust Owned Owner of record is a trust. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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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

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$194k
Assessed land$86k
Assessed improvement$108k
Effective rate9.41%

Value estimate

· Sep 2026
$990k
$891k – $1.09M
Submarket $/SF estimate$1.04M
NOI build-up
Gross scheduled income$577k
Vacancy & credit loss−$37k
Operating expenses−$162k
NOI · 42.27% cap applied$378k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$61/SF
Submarket average, outlier-cleaned · 222 recorded sales of this use type
Observed band · Q1–Q3$29 – $102

Cap rate analysis

How does the asset earn?
42.27%
$378k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency34.7
Law Firm26.1
Restaurant26.0

Location

5351 Salem Ave Dayton, OH 45426
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
720 Main, Dayton, OH 45426-2909 $60,000 May 2024 9,100 SF
1866 Shiloh Spgs, Dayton, OH 45426-2024 $1,400,000 May 2024 72,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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