Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    602 Taywood Rd Englewood, OH 45322
    Property profile & analytics

    602 Taywood Rd Englewood, OH 45322

    View on Map
    • Turn key restaurants
    • 5,700 SF
    • 0.52 lot acres
    For Lease
    View Listing →
    Land for Lease For Lease
    Contact for pricing

    Land for Lease

    Land available for lease.

    602 Taywood Rd, Englewood, OH 45322
    View Listing
    Property ID
    US66-1916866
    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

    • Turn key restaurants

    Property Details for 602 Taywood Rd

    Year built
    1973
    Construction
    FRAME
    Lot size
    0.52 lot acres
    Property size
    5,700 SF
    Property type
    Turn key restaurants
    APN
    M57 00202 0035
    APU
    M57002020035

    Description

    This exceptional 0.52-acre commercial land parcel, located at 602 Taywood Rd in Englewood, Ohio, presents a unique investment opportunity. Situated in Montgomery County, this single-tenant property boasts a substantial 132,276 square feet of buildable space. Englewood is a thriving community within the Dayton Metro Area, offering unparalleled access to major transportation arteries. Less than 10 minutes from Dayton International Airport, the property benefits from direct access to Interstate 70 and proximity to Interstate 75, ensuring seamless connectivity for businesses and employees. Englewood's strong employee base, diverse housing options, abundant parks, and business-friendly municipal government create a highly desirable environment for commercial development. This prime location, combined with the significant land area, makes this property an ideal investment for a variety of commercial ventures. The property's zip code is 45322. The city of Englewood, founded in 1841, has a rich history and has been recognized as a top community in the Dayton-Springfield Metro Area. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving and strategically located Ohio community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.2915
    Latitude
    39.8669
    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
    $4,227
    $50,000
    $0.00
    $50,000
    -
    $142,870
    $0.00
    $142,870

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      Woodside Dr

      RESTAURANT • 0.13 Acres
      Woodside Dr, Englewood, OH 45322
      View Details
    • Value Estimation by Request
      0.20 Acres

      Fallview Ave

      RESTAURANT • 0.20 Acres
      Fallview Ave, Englewood, OH 45322
      View Details
    • Value Estimation by Request
      4,540 SF

      555 National Rd

      RESTAURANT • 4,540 SF
      555 National Rd, Englewood, OH 45322-1153
      View Details
    • Value Estimation by Request
      3,046 SF

      375 National Rd

      RESTAURANT • 3,046 SF
      375 National Rd, Englewood, OH 45322-1402
      View Details
    • Value Estimation by Request
      1,925 SF

      332 National Rd

      RESTAURANT • 1,925 SF
      332 National Rd, Englewood, OH 45322-1401
      View Details
    • Value Estimation by Request
      1,664 SF

      615 Main St

      RESTAURANT • 1,664 SF
      615 Main St, Englewood, OH 45322-1538
      View Details

    Similar Nearby for Sale

    • $178,900
      1,500 SF

      Englewood Commercial Log Building

      Multi-use 1,500 sq ft commercial building on 0.45 acres.
      103 Quinter Farm Rd, Englewood, OH 45322
      View Details
    • Contact for pricing
      3,286 SF

      Englewood Retail Space For Sale

      3,286 SF retail space on 0.59 AC corner lot.
      621 S Main St, Englewood, OH 45322
      View Details
    • Contact for pricing
      3,286 SF

      Retail Space on Main Street

      Retail property for sale with high traffic visibility.
      621 S Main St, Englewood, OH 45322
      View Details
    • $625,000

      Union Mixed-Use Property Available

      Mixed-use property in Union, OH, totaling 4,410 square feet.
      Philipsburg Un Rd, Englewood, OH 45322
      View Details
    • $179,000
      5,920 SF

      Englewood Property Near I-70, I-75

      Property suitable for schools, churches, daycares, or home conversion.
      210 Wolf Ave, Englewood, OH 45322
      View Details
    • $1,350,000

      Englewood Land For Sale

      Corner lot with frontage on W National Rd.
      W National Rd, Englewood, OH 45322
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,004 SF

      Englewood Retail Space For Rent

      Retail space available across from Kroger-anchored center in Englewood, OH.
      900 Union Blvd, Englewood, OH 45322
      View Details
    • Contact for pricing
      1,580 SF

      Retail Outlot Opportunity

      Half-acre outlot suitable for single-tenant retail or office.
      557-569 S Main St, Englewood, OH 45322
      View Details
    • Contact for pricing
      4,840 SF

      Englewood Retail Center Space Available

      Retail space available in a 132,276 SF shopping center.
      606 Taywood Rd, Englewood, OH 45322
      View Details
    • Contact for pricing

      Englewood Retail Space Available

      Retail space for lease in a neighborhood shopping center.
      320 W National Rd, Englewood, OH 45322
      View Details
    • Contact for pricing

      Englewood Retail Space For Lease

      High-traffic commercial location with strong national tenants.
      604 Taywood Rd, Englewood, OH 45322
      View Details
    • Contact for pricing

      Land for Lease

      Land available for lease.
      602 Taywood Rd, Englewood, OH 45322
      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.
    602 Taywood Rd
    Englewood, OH 45322
    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
    602 Taywood Rd, Englewood, OH, 45322
    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!