Technical
Financial
Distress signals
Property profile

9393 N Springboro Pike Miamisburg, OH 45342

FOR LEASE
Office buildings
Property ID
US66-1932781
4.74 ac lot Built 1983
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial land opportunity presents up to 3.5 acres for lease or build-to-suit development on Springboro Pike in Montgomery County. Ideally situated just north of Austin Landing, this property benefits from a thriving, rapidly developing surrounding area. The site boasts strong residential and daytime demographics, ensuring a robust customer base for any retail venture. With convenient access at two signalized intersections, visibility and accessibility are maximized. The high traffic volume on North Springboro Pike, exceeding 26,000 vehicles daily (ADT), guarantees significant exposure for businesses. This single-tenant parcel offers flexibility for developers seeking to construct a new building tailored to their specific needs or those looking for a ready-to-occupy space. The available land size ranges from 1.5 to 3.5 acres, providing ample space for a variety of retail concepts. Lot 3 is currently leased, but other outlots are available for development. This location presents a unique chance to capitalize on the growth and potential of this dynamic area. The property's strategic placement and high visibility make it an attractive investment for businesses seeking a prominent presence in a rapidly expanding market. Inquire today to learn more about this exceptional retail land opportunity.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1983
Lot 4.74 ac (206,257 SF)
APN K45 02606 0061
UPID US66-1932781

Cap rate & NOI

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

Location

9393 N Springboro Pike Miamisburg, OH 45342
Miamisburg metro Census 50106 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.62M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.97M

Owner & transaction history

since 2023
Last sale
$8.5M
7 recorded transactions
2023
Price N/A
2022
Price N/A
2022
$2.2M
2019
Price N/A
2007
$8.5M
2007
$8.5M
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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