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    Springfield, OH Commercial Real Estate for Sale

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    Versatile Manufacturing/Warehouse Facility Available
    Updated: May 6, 2025
    Versatile Manufacturing/Warehouse Facility Available

    1221 Groop Rd, Springfield, OH

    $800,000
    17,500 sqft · 4.39 AC lot
    5,700 - 17,500 SF of versatile manufacturing/warehouse space
    Located just 3 miles from I‑70 for convenient transportation
    Equipped with 11 cranes (1‑2 tons) and a 10‑15 HP air compressor
    Expandable 4.39‑acre land parcel for future development
    Benefits from no city income tax
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    This listing looks promising.

    Here's a quick look at some key insights for

    1221 Groop Rd, Springfield, OH

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $72K
      Annual

    • Mortgage

      $275K
      Jan 2015

    • Last Sold

      Jan 2015
      $315K

    • Property Type

      Warehouse, Storage
      Built 1978
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    Commercial Building with Garage Shop
    Updated: Jun 30
    Commercial Building with Garage Shop

    925 Upper Valley, Springfield, OH 45504

    $299,000
    3,200 sqft · 7.50 AC lot
    7.504 surveyed acres in Springfield Township with a large asphalt parking area of approx. 8,000 SF
    Approximately 800 SF former office building
    Approximately 2,400 SF garage/shop building with garage parking
    Septic tank sewer system
    Space heater heating
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    Springfield Car Wash Opportunity
    Springfield Car Wash Opportunity

    927 W Columbia Street, Springfield, OH 45504

    $950,000
    4,562 sqft · 0.70 AC lot

    Longest running car wash in Springfield with redevelopment potential.

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    Warehouse with Detached Office Outbuilding
    Warehouse with Detached Office Outbuilding

    2034 Cleveland Avenue, Springfield, OH 45503

    $225,000
    4,608 sqft · 0.67 AC lot

    Versatile fenced warehouse with multiple overhead doors, office space, and a heated/cooled outbuilding for added workspace.

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    Turnkey Hair Salon Storefront
    Turnkey Hair Salon Storefront

    2520 E High Street, Springfield, OH 45505

    $125,000
    2,212 sqft · 0.54 AC lot

    Turnkey storefront operating as a hair salon, with included styling stations and household appliances for immediate use.

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    Dollar General Retail Investment
    Dollar General Retail Investment

    3822 Springfield Xenia Road, Springfield, OH 45506

    $1,179,000
    10,860 sqft · 6.12 AC lot

    National Dollar General on commercial land with strong 7.45% cap rate and remaining initial lease term.

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    Modern Commercial Building in Springfield
    Modern Commercial Building in Springfield

    801 Selma Road, Springfield, OH 45505

    $675,000
    8,000 sqft · 1.20 AC lot

    8,000 SF commercial building suitable for various uses.

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    Medical Office Building For Sale
    Medical Office Building For Sale

    3250 Middle Urbana Rd, Springfield, OH 45502

    $875,000
    6,879 sqft · 1.73 AC lot

    6,879 SF medical office building on 1.73 acres.

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    Newer Springfield Estate on 19+ Acres
    Newer Springfield Estate on 19+ Acres

    6853 Zerkle Road, Springfield, OH 45502

    $799,000
    4,719 sqft · 19.00 AC lot

    Spacious 5-bedroom home on 19 acres of open farmland.

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    Specialty Commercial Property with New Roof
    Specialty Commercial Property with New Roof

    562-566 E Main Street, Springfield, OH 45503

    $130,000
    3,576 sqft

    Sold as-is, with a recently installed roof and updated mechanical equipment, suitable for buyers seeking a turn-in-place asset.

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    Sprawling Acreage with Barn and Utilities
    Sprawling Acreage with Barn and Utilities

    3455 Ballentine Pike, Springfield, OH 45502

    $499,000
    1,800 sqft · 19.99 AC lot

    19.99 acres in German Township with barn and utilities.

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    Residential Buildable Acreage
    Residential Buildable Acreage

    925 Upper Valley Pike, Springfield, OH 45504

    $160,000
    6.87 AC lot

    Nearly seven acres in Springfield Township with a new survey and options for custom home development.

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    Multi-Tenant Office Building For Sale
    Multi-Tenant Office Building For Sale

    1240 E Main St, Springfield, OH 45503

    $525,000

    Multi-tenant office building in Springfield, OH near Dayton.

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    Open Farmland Tract
    Open Farmland Tract

    Zerkle Road, Springfield, OH 45502

    $250,000

    15.33 acres of open land in Springfield, OH, suited for agricultural or development-minded buyers.

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    Self-Care Beauty Salon Duplex
    Self-Care Beauty Salon Duplex

    1701 Lexington Avenue, Springfield, OH 45505

    $690,000
    6,468 sqft · 0.17 AC lot

    Newly renovated corner duplex combines nine salon suites for weekly rental with three additional apartments.

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    Former School Campus with Gymnasium
    Former School Campus with Gymnasium

    3500 W National Rd, Springfield, OH 45504

    $600,000
    8.37 AC lot

    Vacant former Rockway School campus offers multiple buildings, classrooms, and asphalt parking with prominent US-40 frontage.

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    Industrial Facility in Springfield Township
    Industrial Facility in Springfield Township

    2100 South Yellow Springs Street, Springfield, OH 45506

    $3,800,000
    102,887 sqft · 7.54 AC lot

    102,887 SF industrial facility suitable for manufacturing and distribution.

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    2.89 Acres Commercial Land Available
    2.89 Acres Commercial Land Available

    2101 E. Home Rd., Springfield, OH 45503

    $1,650,000
    2.89 AC lot

    2.89 acres with traffic signal and shared entrances.

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    Versatile Industrial Property in Springfield
    Versatile Industrial Property in Springfield

    2424 Columbus Ave, Springfield, OH 45503

    $875,000
    61,180 sqft · 3.18 AC lot

    61,180 sq ft industrial space on 3.18 acres.

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    Springfield Commercial Property For Sale
    Springfield Commercial Property For Sale

    1901 Mechanicsburg Road, Springfield, OH 45503

    $94,900
    1,328 sqft · 0.11 AC lot

    Commercial property in Springfield, Ohio, previously operated as a church.

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    Warehouse with Fenced Yard and Office
    Warehouse with Fenced Yard and Office

    2034 CLEVELAND AVE, Springfield, OH 45503

    $225,000
    4,608 sqft

    Versatile warehouse with multiple overhead doors, fenced yard, and dedicated office space for a wide range of owner-user uses.

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    9.7 Acres For Sale
    9.7 Acres For Sale

    4401 S Charleston Pike, Springfield, OH 45502

    $3,595,000
    9.70 AC lot

    9.7 acres suitable for restaurants and hospitality businesses.

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    Industrial Site Near Major Corridors
    Industrial Site Near Major Corridors

    4655 Urbana Rd, Springfield, OH 45502

    $5,900,000
    4,410 sqft

    Industrial site with clean rooms, near I-70 and I-675.

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    Walgreens NNN Investment Opportunity
    Walgreens NNN Investment Opportunity

    1140 N Limestone St, Springfield, OH 45503

    $2,916,666
    13,991 sqft

    Walgreens property with approximately 3.5 years remaining on lease.

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    Springfield, OH Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Springfield, OH, showcased through 60 active listings on our real estate platform. These investment opportunities span a total of 575,783 square feet of properties for sale, with an estimated market value of $38,229,118.

    Sale prices for business properties in Springfield, OH start at $63,500, averaging $1,092,260, and reaching up to $5,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 100K
    Population Growth (5Y) +0.3%
    Median Household Income $57,899
    College Educated 21.0%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    45505 $454.1K
    45504 $455.4K
    45503 $550.4K
    45506 $970.7K
    45502 $2M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clark County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Springfield, OH

    • 45503
    • 45505
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    • 45506
    • 45504

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