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Residential Lot in Springfield, OH
For Sale
$40,000

283 Raffensperger Avenue, Springfield, OH 45505

Land, Springfield, OH

Property SizeContact for details
Lot Size0.30 Acres
Days on Market162

Property Features for 283 Raffensperger Avenue

General Information

Property type Land
Property subtype Other
Subdivision 23251
Lot features Residential Lot
Elementary school district 1206 Springfield CSD
Middle school district 1206 Springfield CSD
High school district 1206 Springfield CSD
Directions East High St toward South Burnett Rd, turn right on to Raffensperger Ave.
Standard status Active
APN 3400700022132009
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2026
Listing Agency: Glasshouse Realty Group
Listed By: Nicole Harris · License #2016001182
Added: Apr 2 Changed: Sep 7 Last Checked: Sep 10 at 5:06AM
MLS# 1044714

Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is a rare opportunity to own a buildable residential lot in a newly established subdivision in Springfield, Ohio. The property features road access already in place, with utilities available at the street. Each lot offers a larger-than-average footprint compared to typical residential lots in the area. A potential tax abatement may be available, offering long-term savings on improvements; the buyer is responsible for verifying eligibility and terms. The property is conveniently located near shopping, dining, and major highways. For individual buyers, this is a chance to build a dream home. For investors and builders, multiple lots are available, offering a unique opportunity for spec home construction or portfolio expansion in a growing market. The lot size is 0.3 acres. Lots are available individually or as a package. Buyers are responsible for all due diligence regarding zoning, building restrictions, utilities, and intended use.

Key Highlights

  • Buildable residential lot in a newly established subdivision.
  • Larger than average footprint compared to typical residential lots.
  • Road access in place and utilities available at the street.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Spa & Massage Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby

Demographics for 45505, OH

19,708
Population
9,365
Households
2.1
Avg Household Size
38
Median Age
10%
College-Educated
84%
High-School Grad
13.6 sq mi
ZIP Area
1,449
Density / Sq Mi
$42,409
Median Household Income
$30,322
Median Earnings
$802
Median Rent
$87,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Buildable residential lot in a newly established Springfield subdivision.
Where is this land located?
The property is located at 283 Raffensperger Avenue Springfield, OH.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Buildable residential lot in a newly established subdivision.; Larger than average footprint compared to typical residential lots.; Road access in place and utilities available at the street.
More about this property
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