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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5561 Merily Way Dayton, OH 45424-2064

    • Turn key restaurants
    • 3,468 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimations
    $240,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-4571850
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Arby's / Fast Food Restaurant / American Restaurant

    Property Details for 5561 Merily Way

    Year built
    2005
    Construction
    WOOD
    Lot size
    1.01 lot acres
    Property size
    3,468 SF
    Property type
    Turn key restaurants
    APN
    P70 04005T0064
    APU
    P7004005T0064

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $230,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $251,000
      Market price range: $230k - $1.45M
      AI Estimate
      $180,000
      Market price range: $180k - $453k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.1372
    Latitude
    39.8676
    CBSA code
    19430
    CBSA name
    DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $36,580
    $36,580
    -
    $0.00
    $104,500
    $104,500

    Comparable in this City

    • Value Estimation
      $380,000
      8,378 SF

      5611 Merily Way

      RESTAURANT • 8,378 SF
      5611 Merily Way, Dayton, OH 45424-2066
      View Details
    • Value Estimation
      $345,000
      5,170 SF

      7670 Brandt Pike

      RESTAURANT • 5,170 SF
      7670 Brandt Pike, Dayton, OH 45424-2340
      View Details
    • Value Estimation
      $185,000
      1,500 SF

      6353 Brandt Pike

      RESTAURANT • 1,500 SF
      6353 Brandt Pike, Dayton, OH 45424-4044
      View Details
    • Value Estimation
      $1,725,000
      2,248 SF

      7720 Old Troy Pike

      RESTAURANT • 2,248 SF
      7720 Old Troy Pike, Dayton, OH 45424-2043
      View Details
    • Value Estimation
      $205,000
      4,623 SF

      7609 Old Troy Pike

      RESTAURANT • 4,623 SF
      7609 Old Troy Pike, Dayton, OH 45424-2038
      View Details
    • Value Estimation
      $240,000
      2,334 SF

      8158 Old Troy Pike

      RESTAURANT • 2,334 SF
      8158 Old Troy Pike, Dayton, OH 45424-1052
      View Details

    Similar Nearby for Sale

    • $215,000
      1,300 SF

      Turnkey Restaurant Opportunity in Huber

      Established restaurant for sale with equipment and recent updates.
      6027 Taylorsville Rd, Huber Heights, OH 45424
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    • $2,083,000
      1,880 SF

      Dunkin' NNN Investment Opportunity

      NNN Dunkin' property for sale in Dayton, Ohio.
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    • $78,265
      1,500 SF

      Retail Space in Huber Heights

      Bridal shop business for sale in busy retail center.
      6245 Old Troy Pike, Dayton, OH 45424
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    • $565,000
      1.44 Acres

      Dayton Commercial Land - $565K

      1.44-acre commercial pad, prime location.
      1929 Harshman Rd, Dayton, OH 45424
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    • $399,000

      Huber Heights 10-Acre Land Parcel

      Expansive 10-acre parcel with development potential in Huber Heights.
      4250 Fishburg Rd, Dayton, OH 45424
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    • $625,000
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      Dayton Commercial Land - 12.7 Acres

      Prime Dayton commercial land, high visibility, excellent access.
      4506 Brandt Pike, Dayton, OH 45424
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    Similar Nearby for Lease

    • Contact for pricing
      5,450 SF

      Huber Heights Retail Opportunity

      5,450 SF retail space available in Huber Heights, OH.
      8721 Troy Pike, Huber Heights, OH 45424
      View Details
    • Contact for pricing
      6,763 SF

      Brandt Pike Retail Space Available

      Huber Heights storefront, high visibility, ample parking.
      5390 Brandt Pike, Dayton, OH 45424
      View Details
    • $7 SF/Yr
      5,000 SF

      Huber Heights I-1 Industrial Space

      Industrial and office spaces with truck parking for lease.
      7740-7752 Wildcat Rd, Dayton, OH 45424
      View Details
    • $12 SF/Yr
      3,418 SF

      Retail Space Available For Rent

      Retail space available for lease, totaling 3,418 square feet.
      6480-6488 Brandt Pike, Dayton, OH 45424
      View Details
    • Contact for pricing
      14,000 SF

      Retail Space Near Get Air

      14,000 SF retail space adjacent to Get Air.
      6020 Chambersburg Rd, Dayton, OH 45424
      View Details
    • Contact for pricing
      960 SF

      Retail Space Near Walmart

      Retail space anchored by Walmart Supercenter in Dayton suburb.
      7740-7760 Brandt Pike, Dayton, OH 45424
      View Details
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    5561 Merily Way
    Dayton, OH 45424-2064
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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