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Property profile & analytics
FOR SALE
Strip malls

651 Lyons Rd Dayton, OH 45459

182,856 SF 18.38 ac lot Built 1989
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US66-1006784
Property summary
AI-generated overview

This exceptional commercial property, located at 651 Lyons Rd in Dayton, Ohio, presents a significant opportunity for retail businesses seeking a prominent location in Montgomery County. The property, known as Washington Park Plaza, offers a single-tenant space encompassing a substantial 16,196 square feet. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property type is classified as both retail and land, suggesting potential for various development options. The lot size ranges from 1,200 to 1,800 square feet, offering ample space for outdoor displays or additional building structures, subject to zoning regulations. The property's address is conveniently situated at 651 Lyons Rd, Dayton, OH 45459, within the vibrant Dayton market. This presents a unique chance to establish a strong retail presence in a well-established area. The property's size and location make it ideal for a variety of retail concepts, from large-format stores to smaller boutiques. Interested parties are encouraged to explore the potential of this significant retail opportunity. The property is available for lease. Further details regarding zoning and development possibilities are available upon request.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1989
Construction FRAME
Total area 182,856 SF
Lot 18.38 ac (800,676 SF)
APN O67 28813 0003
UPID US66-1006784
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Bookstore @ Antiques Village (Bike/Boat/Book/etc) Store
  • ZebraGirl Boutique Clothing & Fashion Store
  • Dayton Reclamation And Restoration LLC Home Decor Store Department Store
  • Pearson's Market - Man Cave Items & More (Bike/Boat/Book/etc) Store
  • Antiques Village Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.20M
Blend (final) Blend
$1.84M
Owner & transaction history
Washington Park Holding Company LLC · 6 yrs held
Washington Park Holding Company LLC
since 2019
6 recorded transactions
2019
Price N/A
2013
$4.1M
2004
$9.9M
2004
$11,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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