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Property profile

881 E Dixie Dr West Carrollton, OH 45449

FOR LEASE
Grocery and convenience stores
Property ID
US66-5519348
30,286 SF 0.9 ac lot Built 1968
Entity Owned 13-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional industrial property at 881 E Dixie Drive offers 30,286 square feet of warehouse space in a single, two-story building constructed in 1968. The property is classified as Class C and sits on 0.9 acres of land. Currently, 20,000 square feet is available for lease, divisible into units of at least 10,000 contiguous square feet. The building features three total suites, with a maximum contiguous space of 10,000 square feet. The flexible design includes climate-controlled storage on both floors. The second floor boasts a large open area with a partially completed banquet hall build-out, presenting unique possibilities for adaptive reuse. This space is well-suited for various storage and warehousing needs, including records storage. Ample parking is provided with 75 spaces, offering a parking ratio of 6.82 spaces per 1,000 square feet. The building includes elevators for convenient access to both floors. The property's APN is K48-00111-0196. This is an excellent opportunity to secure a well-located, versatile warehouse space with significant potential.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1968
Construction FRAME
Total area 30,286 SF
Lot 0.9 ac (39,160 SF)
APN K48 00111 0196
UPID US66-5519348

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
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Atm
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$880k
Blend (final) Blend
$655k

Owner & transaction history

since 2013
7 recorded transactions
2013
$518,200
2008
Price N/A
2008
$525,000
2007
Price N/A
2007
$28,500
2004
Price N/A
1969
Price N/A

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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More about this property
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