Please contact Nick Barela to schedule a tour at nick.barela@republic-cre.com or (513) 549-5440.
Investment Highlights:
±7.63 AC of commercially zoned land with visibility from I-75
Prime development site currently zoned RC/S-1 Regional Commercial/Service District
Favorable flexible zoning that allows for a variety of uses
Former hotel site with all utilities in place
Huge value-add opportunity through development to maximize highest and best use
Located at NW Corner of Little York and I-75 with over 600’ frontage on I-75 just south of I-70
2017 demographics of ±112,310 with Avg HH Income of ±$62,512 within a 5-mile radius
Investment Overview:
The ±7.63 AC Development Site is located at 4079 Little York Road in Dayton, OH. With a diverse mix of commercial uses this offering provides the opportunity to develop an extremely well-located asset with visibility from the heavily trafficked I-75.
Strategically situated on 2 parcels at the NW Corner of Little York and I-75, the Property offers over 600’ feet of frontage on I-75 just south of I-70. The Property consists of a single land parcel totaling ±7.63 acres currently zoned RC/S-1 Regional Commercial/Service District. The Property was a former Hotel and offers highly favorable and flexible zoning categories that allow for a very wide variety of uses with a range of allowable densities such as Hotels, Medical, Garden Centers, Retail, Restaurants, and other type uses.
Click here for more Butler Township Zoning Ordinance.
Dayton is the sixth-largest city in the state of Ohio and the county seat of Montgomery County. Dayton is within Ohio's Miami Valley region, just north of the Cincinnati–Northern Kentucky metropolitan area. Ohio's borders are within 500 miles of roughly 60% of the country's population and manufacturing infrastructure, making the Dayton area a logistical centroid for manufacturers, suppliers, and shippers. Dayton also hosts significant research and development in fields like industrial, aeronautical, and astronautical engineering that have led to many technological innovations. Much of this innovation is due in part to Wright-Patterson Air Force Base and its place in the community. With the decline of heavy manufacturing, Dayton's businesses have diversified into a service economy that includes insurance and legal sectors as well as healthcare and government sectors. Along with defense and aerospace, healthcare accounts for much of the Dayton area's economy. Hospitals in the Greater Dayton area have an estimated combined employment of nearly 32,000 and a yearly economic impact of $6.8 billion. The ±7.63 AC Development Site is located in a heavy retail node with in an established residential area and has approximately ±112,310 individuals residing within a five-mile radius of the property and an average household income of ±$62,512. The Property provides a collection of complementary retailers and POI located along an arterial route in an irreplaceable location. In 2017, the total specified consumer spending within a 5-mile radius of the Property accounts for ±$1,042,863,000 and there are ±5,020 businesses and ±62,286 employees. Additionally, the Property is adjacent to the highly trafficked I-75 with ±96,060 VPD and at the lit intersection of Little York and Miller Lane with ±13,481 VPD.
This opportunity gives potential investors the ability to acquire a ±7.63 AC parcel with huge value-add potential through future development. This property will be auctioned on Monday, May 7 - Wednesday, May 9 . The price displayed is the starting bid amount of $125,000. For information and to register to bid on this property, please visit Ten-X.com.
