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    5800 Wilmington Pike Dayton, OH 45459
    Property profile & analytics

    5800 Wilmington Pike, Dayton, OH 45459

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    • Strip malls
    • 20,930 SF
    For Lease
    $525,000
    View Listing →
    Retail Space Near Cornerstone Centerville For Lease
    $525,000
    1,950 SF

    Retail Space Near Cornerstone Centerville

    Retail space conveniently located off I-675 and Wilmington Pike.

    5800 Wilmington Pike, Dayton, OH
    View Listing
    Property ID
    US66-1308984
    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.
    Value Estimations
    $525,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Godfather's Pizza / Restaurant

    Property Details for 5800 Wilmington Pike

    Year built
    2001
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    L49-0001-0001.0-0008.00
    APU
    L49000100010000800

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 3, 2015 $7,550,000 Pwrei Sugarcreek LLC Sugarcreek Crossing Permanent Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $365,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $365,000
      Market price range: $252k - $685k

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

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Greene
    State
    Ohio
    Longitude
    -84.1088
    Latitude
    39.6583
    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
    $53,512
    $428,290
    $267,910
    $696,200
    -
    $1,223,690
    $765,460
    $1,989,150

    Comparable in this City

    • Value Estimation
      $3,880,000
      52,962 SF

      6067 Far Hls Ave, Unit 6263

      SHOPPING CENTER, STRIP CENTER
      6067 Far Hls Ave, Dayton, OH 45459-1923
      View Details
    • Value Estimation
      $2,595,000
      72,856 SF

      2661 Miamisburg Centerville Rd

      SHOPPING CENTER, STRIP CENTER
      2661 Miamisburg Centerville Rd, Dayton, OH 45459-3727
      View Details
    • Value Estimation by Request
      9,285 SF

      6300 Far Hls Ave, Unit 6400

      SHOPPING CENTER, STRIP CENTER
      6300 Far Hls Ave, Dayton, OH 45459-2724
      View Details
    • Value Estimation by Request
      13,635 SF

      199 Alex Bell Rd

      SHOPPING CENTER, STRIP CENTER
      199 Alex Bell Rd, Dayton, OH 45459-2797
      View Details
    • Value Estimation
      $1,295,000
      1.13 Acres

      1045 Miamisburg Centerville Rd

      SHOPPING CENTER, STRIP CENTER
      1045 Miamisburg Centerville Rd, Washington Township, OH 45459-6711
      View Details
    • Value Estimation
      $795,000
      32,636 SF

      1510 Miamisburg Centerville Rd, Unit 1530

      SHOPPING CENTER, STRIP CENTER
      1510 Miamisburg Centerville Rd, Dayton, OH 45459-3804
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,139 SF

      Retail Property with Drive-Thru

      Retail property featuring a drive-thru and prominent signage opportunities.
      2948 Miamisburg Centerville Rd, Miamisburg, OH 45459
      View Details
    • Contact for pricing
      2,325 SF

      Chipotle with Drive-Thru For Sale

      New 15-year lease with corporate guaranty in Dayton, Ohio.
      5850 N Springboro Pike, Dayton, OH 45459
      View Details
    • Contact for pricing

      Land in South Dayton Location

      Commercial land in a desirable, mature South Dayton market.
      Center Point Dr, Dayton, OH 45459
      View Details
    • $254,900

      Centerville Office Condo For Sale

      Turnkey office condo in Centerville's Franklin Woods Office Park.
      800 East Franklin St, Dayton, OH 45459
      View Details
    • Contact for pricing

      Centerville Condo with Community Amenities

      Charming 3-bedroom condo with pool and tennis courts access.
      6625 Hedington Sq, Dayton, OH 45459
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,196 SF

      Retail Space Near Major Retailers

      Retail spaces available near Sam’s Club and Whole Foods.
      651-767 Lyons Rd, Dayton, OH 45459
      View Details
    • Contact for pricing
      30,420 SF

      Retail Space in Cross Pointe

      Retail space available in a well-located shopping center.
      201 E Alex Bell Rd, Dayton, OH 45459
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Renovated Center

      Retail space available in newly renovated shopping center.
      6000-6124 Wilmington Pike, Bellbrook, OH 45459
      View Details
    • Contact for pricing
      2,233 SF

      Retail Space in Prime Location

      Centrally located retail space with planned renovations and high visibility.
      2691-2799 Miamisburg-Centerville Rd, Dayton, OH 45459
      View Details
    • Contact for pricing
      14,735 SF

      Retail Space Near Dayton Mall

      Retail space with high visibility near Dayton Mall.
      2028-2278 Miamisburg Centerville Rd, Dayton, OH 45459
      View Details
    • Contact for pricing

      Retail Property for Lease

      Retail property available for lease in Sugarcreek Township, OH.
      6124 Wilmington, Dayton, OH 45459
      View Details
    View Listing
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    5800 Wilmington Pike
    Dayton, OH 45459
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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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    5800 Wilmington Pike, Dayton, OH, 45459
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