53 AC Signalized Hard Corner | Flexible Zoning.
Marketplace Online Auction | September 12-14, 2022
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53 Acres of Potential Commercial and Residential Development
Home Prices within Zip Code have Increased 21% Year-Over-Year | Median Sale Price is ±$206,500
Seven Miles from Dayton CBD & Dayton International Airport
Dense Demographics with 5-Mile Population of ±121,355 and Annual Household Income of ±$60,084
Marcus & Millichap and RI Marketplace are pleased to present a 53-acre assemblage adjacent to 877 East Westbrook Road (the “Property” or “Assemblage”) in Dayton, Ohio. The Property offers an exceptional investment opportunity via development.
The assemblage consists of a 38.379-Acre parcel zoned Office Residential which encourages a mixture of residential and small office/professional services. The other parcel is 15.406 acres and zoned General Business which allows for retail, office, medical, and automotive uses. Homes prices in the area are trending positively with 21% year over year increases offering developers significant value enhancement opportunities through development of the parcels.
Located northwest of the Dayton Cbd, the Property is located between two major Interstate highways just under 5 miles from I-75 and 3 miles from I-70. The median sale price in 45415 is $206,500. As of 2022, the Property's demographics have ±121,355 individuals residing within a 5-mile radius, with an average household income of ±$60,084.
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