Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    900 Union Blvd Englewood, OH 45322
    Back to Search
    Property profile & analytics

    900 Union Blvd Englewood, OH 45322

    View on Map
    • Outlet malls
    • 9,800 SF
    • 1.36 lot acres
    For Lease
    $1,425,000
    View Listing →
    Englewood Retail Space For Rent For Lease
    $1,425,000
    10,004 SF

    Englewood Retail Space For Rent

    Retail space available across from Kroger-anchored center in Englewood, OH.

    900 Union Blvd, Englewood, OH
    View Listing
    Property ID
    US66-1500188
    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
    $1,425,000
    Cap Rate Potential
    8.2%
    Outlet malls
    Location Intelligence

    Current Use by Public Records

    • higi / Physician
    • Rite Aid / Pharmacy
    • Western Union / Bank / Credit Union
    • Coinhub Bitcoin ATM Teller / Atm
    • Rebekah Lautensack / Pharmacy

    Property Details for 900 Union Blvd

    Year built
    1995
    Lot size
    1.36 lot acres
    Property size
    9,800 SF
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    M57 00713 0037
    APU
    M57007130037

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,395,000
      ML approach
      $1,360,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,900,000
      6.5%
      $1,755,000
      7%
      $1,630,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $997,000
      Market price range: $282k - $998k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $2,210,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.3108
    Latitude
    39.8616
    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
    $26,557
    $75,860
    $203,540
    $279,400
    -
    $216,750
    $581,540
    $798,290

    Comparable in this City

    • Value Estimation
      $2,825,000
      94,000 SF

      360 National Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 94,000 SF
      360 National Rd, Englewood, OH 45322-1401
      View Details
    • Value Estimation
      $660,000
      7,200 SF

      591 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 7,200 SF
      591 Main St, Englewood, OH 45322-1502
      View Details
    • Value Estimation
      $910,000
      22,160 SF

      115 National Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 22,160 SF
      115 National Rd, Englewood, OH 45322-1429
      View Details
    • Value Estimation by Request
      0.40 Acres

      Un Rd

      SHOPPING CENTER, STRIP CENTER • 0.40 Acres
      Un Rd, Englewood, OH 45322
      View Details
    • Value Estimation
      $720,000
      16,976 SF

      380-404 State Rte 40

      SHOPPING CENTER, STRIP CENTER • 16,976 SF
      380-404 State Rte 40, Englewood, OH 45322
      View Details
    • Value Estimation
      $680,000
      47,088 SF

      1130-1190 Wenger St

      SHOPPING CENTER, STRIP CENTER • 47,088 SF
      1130-1190 Wenger St, Englewood, OH 45322
      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
      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 For Lease

      High-traffic commercial location with strong national tenants.
      604 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
      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

      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.
    900 Union Blvd
    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
    900 Union Blvd, 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!