Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    60 Broad St Fairborn, OH 45324
    Property profile & analytics

    60 Broad St Fairborn, OH 45324

    View on Map
    • Drive through restaurants
    • 5,430 SF
    • 0.08 lot acres
    For Sale
    $1,300,000
    View Listing →
    Prime Fairborn QSR w/Drive-Thru For Sale
    $1,300,000
    2,889 SF

    Prime Fairborn QSR w/Drive-Thru

    High-traffic corner lot, 2889 SF QSR.

    60 Broad St, Fairborn, OH 45324
    View Listing
    Property ID
    US66-2441751
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 60 Broad St

    Year built
    2017
    Lot size
    0.08 lot acres
    Property size
    5,430 SF
    Zone code
    B-2
    Property type
    Drive through restaurants
    APN
    A02-0001-0001.0-0010.00
    APU
    A02000100010001000

    Description

    This 2,889 square foot quick-service restaurant (QSR) boasts a prime location directly across from Wright-Patterson Air Force Base in Dayton, Ohio. Built in 2018, the single-story building sits on a 0.95-acre lot and includes 27 parking spaces, ensuring ample customer convenience. The property is zoned DC and features a convenient drive-thru, maximizing operational efficiency and customer accessibility. The building is part of a thriving retail market currently undergoing a significant multi-million dollar renovation on Broad Street, aimed at creating a dynamic and attractive community retail hub. This investment opportunity presents a chance to capitalize on the high visibility and strong foot traffic generated by the Air Force Base and the ongoing revitalization efforts. The single-tenant occupancy simplifies management, while the substantial lot size offers potential for future expansion or development. The property's APN is A02-0001-0001-0-0010-00. This is an exceptional opportunity for a savvy investor seeking a well-positioned, high-performing QSR property in a rapidly developing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $590,000
      ML approach
      $590,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $416,000
      Market price range: $233k - $721k

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairborn
    County
    Greene
    State
    Ohio
    Longitude
    -84.0273
    Latitude
    39.82
    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
    $14,135
    $50,680
    $191,710
    $242,390
    -
    $144,810
    $547,730
    $692,540

    Comparable in this City

    • Value Estimation by Request
      1,680 SF

      471 Dayton Yellow Spgs Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,680 SF
      471 Dayton Yellow Spgs Rd, Fairborn, OH 45324-3258
      View Details
    • Value Estimation by Request
      3,224 SF

      1245 Dayton Yellow Spgs Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,224 SF
      1245 Dayton Yellow Spgs Rd, Fairborn, OH 45324-6327
      View Details
    • Value Estimation
      $1,380,000
      2,310 SF

      1272 Kauffman Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,310 SF
      1272 Kauffman Ave, Fairborn, OH 45324-3154
      View Details
    • Value Estimation by Request
      3,388 SF

      2724 Presidential Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,388 SF
      2724 Presidential Dr, Fairborn, OH 45324
      View Details
    • Value Estimation
      $1,495,000
      3,659 SF

      1130 Dayton Yellow Spgs Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,659 SF
      1130 Dayton Yellow Spgs Rd, Beavercreek Township, OH 45324-6331
      View Details
    • Value Estimation
      $2,875,000
      5,200 SF

      2648 Colonel Glenn Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,200 SF
      2648 Colonel Glenn Hwy, Beavercreek, OH 45324-6560
      View Details

    Similar Nearby for Sale

    • $1,300,000
      2,889 SF

      Prime Fairborn QSR w/Drive-Thru

      High-traffic corner lot, 2889 SF QSR.
      60 Broad St, Fairborn, OH 45324
      View Details
    • Contact for pricing
      14,431 SF

      Beavercreek Retail Space Available

      Retail space for sale in Beavercreek, Ohio.
      3800 Colonel Glenn Hwy, Beavercreek, OH 45324
      View Details
    • Contact for pricing
      9,800 SF

      Downtown Retail Building For Sale

      Well-maintained retail building in a thriving downtown business district.
      W Main St, Fairborn, OH 45324
      View Details
    • $2,850,000
      14,490 SF

      NNN Lease with Corporate Guarantee

      NNN property with a corporate-backed lease and strong sales.
      183 E Dayton Yellow Springs Rd, Fairborn, OH 45324
      View Details
    • Contact for pricing
      14,490 SF

      NNN Lease Walgreens For Sale

      NNN lease property with corporate guarantee from Walgreen Co.
      182 E Dayton Yellow Springs Rd, Fairborn, OH 45324
      View Details
    • Contact for pricing
      13,638 SF

      Fairborn Office Building For Sale

      13,638 SqFt office building in Fairborn, Ohio.
      1810 Successful Dr, Fairborn, OH 45324
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,401 SF

      Fairborn Freestanding Building For Rent

      10,401 SF building on 1 acre lot in Fairborn.
      900 N Broad St, Fairborn, OH 45324
      View Details
    • $12 SF/Yr
      5,200 SF

      Fairborn Retail, Restaurant, Office Space

      Located near Wright-Patterson AFB, suitable for retail, restaurant, office.
      304-316 N Broad St, Fairborn, OH 45324
      View Details
    • Contact for pricing
      3,210 SF

      Restaurant Space on Colonel Glenn

      Second-generation restaurant space with high traffic location.
      2724 Colonel Glenn Hwy, Fairborn, OH 45324
      View Details
    • Contact for pricing

      Retail Space Inside Meijer Store

      Prime retail opportunity within high-traffic Meijer stores in the Midwest.
      3822 Colonel Glenn Hwy, Fairborn, OH 45324
      View Details
    • $12 SF/Yr
      2,500 SF

      Retail Space in Enon Plaza

      Retail space available in Discount Drug Mart Plaza, Enon, Ohio.
      7617 Dayton Springfield Rd, Fairborn, OH 45324
      View Details
    • Contact for pricing

      Fairborn Retail Spaces For Lease

      Retail spaces available in busy Fairborn commercial area.
      1148 Kauffman Ave, Fairborn, OH 45324
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    60 Broad St
    Fairborn, OH 45324
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    60 Broad St, Fairborn, OH, 45324
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!