Commercial land in Dayton, Ohio, presents a unique investment opportunity for those looking to capitalize on the city's rich history of innovation and development. As a hub for healthcare, aviation, and aerospace technology, Dayton offers a diverse range of industries that drive economic growth. Commercial land investments in Dayton can take many forms, from office spaces to research facilities, and even retail centers. The city's strong legacy of invention and entrepreneurship, exemplified by the Wright brothers and Charles F. Kettering, creates an environment conducive to business growth and development. With its excellent infrastructure, including major highways like Interstate 75, Interstate 70, and Interstate 675, as well as the Dayton International Airport, Dayton provides easy access to regional and national markets. The city's amenities, such as the Five Rivers MetroPark and the National Museum of the United States Air Force, also make it an attractive location for businesses and residents alike. Overall, Dayton's blend of technological advancement, healthcare excellence, artistic offerings, and historical significance make it an ideal location for commercial land investments.
With 80 commercial land listings available in Dayton, investors have a wide range of options to choose from. The average price per square foot for commercial land in Dayton is $70 USD, with an average size of 11,000 square feet. The largest available listing spans 11,000 square feet, offering ample space for businesses to grow and expand. Dayton's commercial land market is characterized by an average cap rate of , making it an attractive option for investors seeking stable returns. In addition to commercial land, Dayton also offers a range of other property types, including office spaces, retail centers, and industrial facilities. The city's strong economy, driven by major employers like the Kettering Health Network and Premier Health Partners, ensures a steady demand for commercial properties. With its unique blend of history, innovation, and economic growth, Dayton is an ideal location for commercial land investments.
What are common commercial uses for land in the Dayton market?
In the Dayton market, common commercial uses for land include aviation and aerospace technology facilities, healthcare institutions, and arts and culture venues, leveraging the city's strengths in these sectors. Additionally, commercial land is also used for office spaces, retail centers, and industrial parks, taking advantage of the city's strategic location at the intersection of Interstate 75 and Interstate 70.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Dayton, Ohio, there are several common ways to do so. One popular approach is to work with a commercial real estate broker who has extensive knowledge of the local market and can guide you through the process, from finding the right property to negotiating the sale.
Before making a purchase, it's essential to do your research and understand the ins and outs of buying land. If you're new to land development, it's a good idea to start by reading our article on how to buy land, which provides valuable insights and tips for investors. With the right knowledge and guidance, you can find the perfect piece of land to bring your development project to life in Dayton, where you'll have access to a range of amenities, including the Five Rivers MetroPark, the National Museum of the United States Air Force, and a strong network of highways, including Interstate 75, Interstate 70, and Interstate 675.
