60 Broad St Fairborn, OH 45324
- Drive through restaurants
- 5,430 SF
- 0.08 lot acres
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $590,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $675,000
- 6.5%
- $670,000
- 7%
- $615,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $665,000
- Geo Method
- $585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $600,000
- Retail
- $630,000
- Mixed-Use
- $580,000
- Hospitality
- $675,000
- Educational
- $695,000
- Residential Income
- $575,000
- Energy
- $560,000
- Income-Based Land
- $695,000
- Food Service
- $545,000
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