8911 Kingsridge Dr Dayton, OH 45458-1621
Property profile & analytics
8911 Kingsridge Dr, Dayton, OH 45458-1621
- Bars & Pubs
- 4,651 SF
- 0.89 lot acres
Property ID
US66-2044109
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.
Location Intelligence
Current Use by Public Records
- ATM / Atm
- Lust Gentlemen's Club / Nightclub / DJ & Entertainment
Property Details for 8911 Kingsridge Dr
- Year built
- 1976
- Construction
- FRAME
- Lot size
- 0.89 lot acres
- Property type
- Bars & Pubs
- Property subtype
- Pubs
- APN
- K45 02604 0093
- APU
- K45026040093
Description
This exceptional investment opportunity presents a 4,800 square foot, single-story adult cabaret located in Dayton, Ohio. Completely remodeled in 2021, including a new roof and HVAC system, the property sits on a one-acre lot directly across from the Dayton Mall and near a Super Walmart, ensuring high visibility and traffic. The building has been a successfully operating adult cabaret for two decades, holding a valid permit for its current use. This sale includes a new 10-year triple-net (NNN) lease, personally guaranteed by a multi-unit operator, with two five-year renewal options. The asking price is $1,800,000, representing an 8% cap rate based on the first-year net operating income (NOI) of $144,000 ($12,000 per month). The tenant is responsible for all maintenance, repairs, taxes, and insurance, minimizing owner responsibilities. The property's prime location, recent renovations, long-term lease, and strong NOI make this a compelling investment prospect in a high-traffic commercial area. The permitted commercial zoning ensures continued operational flexibility. This is a rare opportunity to acquire a stable, high-performing asset with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.22
- Latitude
- 39.6307
- 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
$17,692
$81,870
$39,120
$120,990
-
$233,920
$111,780
$345,700
