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

    5800 Dixie Dr Dayton, OH 45414

    • Banks
    • 3,544 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimations
    $235,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2262328
    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

    • Banks

    Property Details for 5800 Dixie Dr

    Year built
    1975
    Construction
    FRAME
    Lot size
    0.27 lot acres
    Property size
    3,544 SF
    Property type
    Banks
    APN
    E21 17604A0009
    APU
    E2117604A0009

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $285,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $191,000
      Market price range: $160k - $292k

    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $220,000
      Current use
      COMMERCIAL (GENERAL)
      $310,000
      Change: +40% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $225,000
      Change: +1% Conversion: Difficult
      RETAIL STORES
      $185,000
      Change: -16% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.1977
    Latitude
    39.8211
    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
    $18,663
    $9,800
    $141,970
    $151,770
    -
    $28,010
    $405,620
    $433,630

    Comparable in this City

    • Value Estimation
      $195,000
      0.15 Acres

      Dixie Dr

      FINANCIAL BUILDING • 0.15 Acres
      Dixie Dr, Dayton, OH 45414
      View Details
    • Value Estimation
      $260,000
      4,708 SF

      8028 Dixie Dr

      FINANCIAL BUILDING • 4,708 SF
      8028 Dixie Dr, Dayton, OH 45414-2724
      View Details
    • Value Estimation
      $290,000
      11,585 SF

      4988 Wagner Frd Rd

      FINANCIAL BUILDING • 11,585 SF
      4988 Wagner Frd Rd, Dayton, OH 45414-4420
      View Details
    • Value Estimation
      $225,000
      2,040 SF

      3112 Dixie Dr

      FINANCIAL BUILDING • 2,040 SF
      3112 Dixie Dr, Dayton, OH 45414-5608
      View Details
    • Value Estimation
      $200,000
      0.05 Acres

      Dixie Dr

      FINANCIAL BUILDING • 0.05 Acres
      Dixie Dr, Dayton, OH 45414
      View Details
    • Value Estimation
      $270,000
      5,942 SF

      4600 Dixie Dr

      FINANCIAL BUILDING • 5,942 SF
      4600 Dixie Dr, Dayton, OH 45414-4606
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,882 SF

      Dayton Retail Building For Sale

      2,882 SF retail building on 0.985 AC lot.
      2312 Needmore Rd, Dayton, OH 45414
      View Details
    • $745,000
      1,460 SF

      Versatile Commercial Property with Fenced Yard

      2.81-acre property with building, pole barn, and living quarters.
      5482 Wadsworth Rd, Dayton, OH 45414
      View Details
    • $395,000
      0.64 Acres

      Dayton Commercial Redevelopment Opportunity

      0.64 acre parcel suitable for retail, office, banking, medical.
      3295 Benchwood Rd, Dayton, OH 45414
      View Details
    • $2,186,247
      5,126 SF

      Dayton Retail Property For Sale

      Retail property available for purchase in Dayton, Ohio.
      7400 Miller Ln, Dayton, OH 45414
      View Details
    • $330,000
      5,409 SF

      Retail Property on N Dixie

      Retail property available for sale, totaling 5409 square feet.
      3108 N Dixie Dr, Dayton, OH 45414
      View Details
    • Contact for pricing
      3.00 Acres

      Dayton Industrial Land - 3 Acres

      Prime Dayton industrial land, excellent location, all utilities.
      0 Webster St, Dayton, OH 45414
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,722 SF

      High-Visibility Retail Space Available

      10,722 SF Freestanding Retail Building
      5650 Dixie Dr, Dayton, OH 45414
      View Details
    • $2,499,999
      20,013 SF

      Freestanding Retail Space in Dayton

      Well-positioned retail space in the Miller Lane retail corridor.
      3498 York Commons Blvd, Dayton, OH 45414
      View Details
    • Contact for pricing
      34,000 SF

      Dayton Retail Space Available

      Retail space available in Dayton Towne Plaza.
      1927 Needmore Rd, Dayton, OH 45414
      View Details
    • $5 SF/Yr
      250,000 SF

      Dayton Warehouse Space Available

      Industrial Warehouse - 50,000+ SF
      3920 Spc Dr, Dayton, OH 45414
      View Details
    • $12 SF/Yr
      6,523 SF

      Dayton Office Space for Lease

      Versatile Office Suites in Dayton, Ohio
      6680 Poe Ave, Dayton, OH 45414
      View Details
    • $12 SF/Yr
      7,221 SF

      Dayton Office Space for Lease

      Flexible Office Suites in Dayton, OH
      6640 Poe Ave, Dayton, OH 45414
      View Details
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    5800 Dixie Dr
    Dayton, OH 45414
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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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