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    1221 Groop Rd Springfield, OH 45504

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    For Sale
    $800,000

    Spacious industrial property with cranes, expandable land, and modern amenities.

    Property size:
    17,500 SF
    Lot size:
    4.39 Acres

    Property Features for 1221 Groop Rd

    General Information

    Size
    17,500 SF
    Lot size
    4.39 Acres

    Source: Industrial Property Brokers Agent Timothy Echemann

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Manufacturing/Warehouse Facility Available

    The MNFG./WAREHOUSE FACILITY is located at 1221 GROOP ROAD, SPRINGFIELD, OH 45504. This property offers between 5,700 and 17,500 square feet of space with clear heights ranging from 12 to 18 feet. It includes 11 cranes ranging from 1 to 2 tons, security cameras, and a 10-15 HP air compressor. The property sits on 4.39 acres of expandable land, offering further development opportunities. It is located 3 miles from I-70 and benefits from no city income tax. Features include multiple drive-in doors, ample parking spaces, LED lighting, and an HVAC system. The property has 480 volts III phase power, a metal roof, and clear span column spacing. It is suited for diverse manufacturing and warehousing needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Building Supply Furniture Store Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.8930752
    Latitude
    39.9451886

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    FAQs

    What type of property is this?
    Manufacturing property - Spacious industrial property with cranes, expandable land, and modern amenities.
    Where is this manufacturing property located?
    The property is located at 1221 Groop Rd Springfield, OH.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - 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**
    (937) 492-4423
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    Springfield, OH 45504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1221 Groop Rd Springfield, OH 45504
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