927 Shroyer Rd Dayton, OH 45419-3633
This exceptional retail investment property, located in Dayton, Ohio, presents a compelling opportunity for discerning investors. The property comprises three buildings totaling 9,537 square feet, encompassing seven fully leased storefronts. Boasting a 100% occupancy rate and a strong net operating income (NOI) of $62,725, this asset offers a substantial 10% capitalization rate on an asking price of $625,000. Strategically situated on Shroyer Road, the property benefits from high visibility to over 14,500 vehicles daily. The location is further enhanced by its proximity to a new restaurant development and its bordering location to Oakwood, an area with a high median household income of $132,722 (per 2022 US Census data). The property is well-maintained, featuring recent improvements, and presents additional upside potential with current rents below market value. This turnkey investment offers a rare combination of strong cash flow, excellent location, and significant growth potential. The property is comprised of seven individual suites across three buildings, all currently leased, making it an ideal investment for passive income generation. The address encompasses 927-1005 Shroyer Road, Dayton, OH 45419, within Montgomery County.
-
Tyler Penwell - State Farm Insurance Agent Insurance Agency
-
State Farm Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.