For Auction
Asset Snapshot
Offering Summary
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.
Due Diligence
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Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
