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689 Miami St West Milton, OH 45383-1415

OFF-MARKET Grocery and convenience stores Google Maps
11,756 SF 0.81 ac lot Built 2006
Entity Owned 7-yr Hold ~ Est. High Equity
Estimated value (blended)
$390k
Range $351k – $429k (±10%)
Property ID US66-0066384

Property summary

AI-generated overview

This exceptional retail property in West Milton, OH, offers a prime opportunity for businesses seeking high-visibility locations. The 11,750 square foot strip center currently houses a Dollar Tree, demonstrating strong existing tenant occupancy and foot traffic. A significant portion of the building, totaling 2,225 square feet, is immediately available for lease, presenting a unique chance to establish or expand your business within a thriving commercial environment. The property's multiple-suite configuration provides flexibility for various retail concepts, and its strategic location ensures maximum exposure to potential customers. The existing tenant, Dollar Tree, contributes to a robust and established commercial presence, creating a synergistic environment for new businesses. The available space is ready for immediate occupancy, allowing for a swift and efficient transition into your new retail location. This is an excellent investment opportunity for businesses seeking a well-established and high-traffic retail space in a desirable location. The property's size and configuration offer a versatile space suitable for a range of retail uses. Don't miss this chance to secure a prominent position in this thriving West Milton commercial hub. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2006
Total area 11,756 SF
Lot 0.81 ac (35,284 SF)
APN L39-005720
UPID US66-0066384

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$855k
Blend (final) Blend
$390k

Owner & transaction history

since 2018
2 recorded transactions
2018
$450,000
2006
$750,000

Zoning & alternative use

Top alternative use upside
Office building $1.0M +41.4%
Commercial (general) $990,000 +39.7%
Warehouse, storage $735,000 +3.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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