5525 Main St Dayton, OH 45415-3456
- Office buildings
- 2,400 SF
- 0.62 lot acres
Current Use by Public Records
- HearingLife of Dayton OH / Hearing Aid Repair Service / Hearing Aid Store
Property Details for 5525 Main St
- Year built
- 1977
- Lot size
- 0.62 lot acres
- Property size
- 2,400 SF
- Property type
- Office buildings
- APN
- E20 17311 0013
- APU
- E20173110013
Description
This exceptional investment opportunity presents a 2,400 sq. ft. retail building situated on a prominent 0.62-acre corner lot at 5525 N Main St, Dayton, Ohio, 45415. The property boasts a long-term tenant currently under a modified net lease, extending until August 2025. The tenant consistently pays an annual rent of $45,418, covering taxes and utilities. The landlord is responsible for insurance. This prime location on Main Street experiences high traffic volume, with over 16,000 cars passing daily, ensuring strong visibility and potential for future growth. The property's classification as a pharmacy/drug store provides a stable and established tenant base. The asking price for this well-maintained building is $275,000, representing a compelling return on investment given the existing lease and high-traffic location. This is a rare opportunity to acquire a stable, income-producing property in a desirable Dayton location. The property's size and location make it an ideal investment for both seasoned and new investors seeking a strong, consistent cash flow. The long-term lease provides security and minimizes vacancy risk, making this a low-maintenance investment with significant upside potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $180,000
- 6.5%
- $205,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $175,000
- Retail
- $205,000
- Mixed-Use
- $180,000
- Hospitality
- $220,000
- Educational
- $205,000
- Residential Income
- $210,000
- Energy
- $195,000
- Income-Based Land
- $235,000
- Food Service
- $190,000
Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.2339
- Latitude
- 39.818
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA