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±53.7 Acres in Dayton

±53.7 Acres in Dayton

CLICK HERE FOR ONLINE AUCTION November 18 - 20th 2019

Friendship Village The largest retirement community in the Dayton, area. ±38.379 AC

±53.7 ACRES IN DAYTON MSA STARTING BID: $125,000 ADDRESS Two commercial undeveloped/raw land parcels located off of Westbrook Road in Trotwood, Montgomery County, Ohio (Dayton MSA) PARCELS SIZE APN: H33 02101 0001 (±38.379 AC) and H33 02101 0094 (±15.406 AC) ±53.7 AC (combined) ZONING Parcel H33 02101 0001 (±38.379 AC) is zoned General Business; the “G-B” District to encourage the development of areas within the City to provide for a wide variety of consumer goods and services. Parcel H33 02101 0094 (±15.406 AC) is zoned Office Residential; the purpose of the “O-R” District to provide for and encourage a mixture of residential, small office and professional service establishments which will maintain the residential appearance of the neighborhood and which will not create a detrimental amount of traffic or noise to the surrounding residential neighborhoods. LOCATION The Property is located between two major Interstate highways just under 5 miles from I-75 and 3 miles from I-70. Located in a well-established residential community in the North Dayton Submarket just ±7 miles from Dayton CBD and ±7 miles from the Dayton International Airport these parcels are perfect for residential development. This Property is located The surrounding area consists of residential, medical, and commercial facilities. The Property is bordered to the north by Westbrook Road followed by residences; to the east by residences; to the south by the Friendship Village medical and commercial facilities; and to the west by Denlinger Road followed by residences. The Property benefits from a strong surrounding amenity base including established restaurants, hotels, retail and business services. The Property is easily accessible via major thoroughfares and state highways, and is located near an already booming business base with Lowe’s, JoAnn Fabrics, Big Lots, Office Depot, Uhaul, and many other national retailers driving traffic to the area. Additionally, the Property benefits from its location adjacent to Friendship Village, the largest retirement community in the Dayton area offering Independent Living, Assisted Living, and Skilled Nursing & Rehab. The median home value in 45415 is $130,400. 45415 home values have gone up 5.3% over the past year and Zillow predicts they will rise 2.2% within the next year. The median list price per square foot in 45415 is $72, which is higher than the Dayton average of $57. Established Established Residential Residential

Friendship Village The largest retirement community in the Dayton, Ohio area.

Established Residential Established Residential

DEMOGRAPHICS Radius 1 Mile 3 Mile 5 Mile Radius 1 Mile 3 Mile 5 Mile POPULATION HOUSING 2019 Total Population: 5,894 42,711 119,123 Median Home Value: $128,075 $115,507 $91,120 2024 Population: 5,786 42,393 119,415 Median Year Built: 1970 1968 1963 Pop Growth 2019-2024: (1.83%) (0.74%) 0.25% CONSUMER SPENDING Average Age: 42.00 42.10 40.20 2019 Total Consumer HOUSEHOLDS 55,442 395,661 1,023,240 Spending (in thousands) 2019 Total Households: 2,528 18,194 50,535 HH Growth 2019-2024: (2.33%) (0.77%) 0.33% DAYTIME EMPLOYMENT Median Household Inc: $49,566 $47,367 $40,967 # Businesses 167 1,495 3,983 Avg Household Size: 2.30 2.30 2.30 # Employees 1,467 14,642 45,310

The Dayton is the metropolitan area centered on Dayton, Ohio, and it is the fourth largest metropolitan area in the state of Ohio, behind , , and Columbus.

Trotwood is a city in Montgomery County, Ohio, and is part of the Dayton Metropolitan Statistical Area. Trotwood’s rich farmland, scenic railway bikeway, and picturesque Olde Town district preserve its historic backbone. This 1st outer ring suburb of Dayton opens up the largely undeveloped northwest Montgomery County region. Its nearly 30,000 residents are spread comfortably over almost 30 square miles, enjoying affordable family living in a non-congested setting. The community’s solid median income yields substantial buying power to support its regional shopping hub and drive more upscale housing to take root. The Trotwood-Madison City Schools’ $90 million investment has yielded a new high school, middle school, and a K-1 school all located on a central campus, as well as 2 brand new elementary schools located in Trotwood neighborhoods.

FOR MORE INFORMATION ADAM SKLAVER PHIL KATES (301) 706-4619 (305) 206-1286 [email protected] [email protected] No warranty nor representation, expressed nor implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change in price, rental, or other conditions, withdrawal PROPERTY LISTED BY: Hannah McKerrow with CBRE;without GA License: notice, and #385646to any special listing conditions, imposed by our principals.