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    1600 Commerce Rd Springfield, OH 45504

    For Sale
    $2,100,000

    High-quality industrial building suitable for manufacturing and warehouse use.

    Property size:
    17,298 SF
    Lot size:
    0.69 Acres

    Property Features for 1600 Commerce Rd

    General Information

    Size
    17,298 SF
    Lot size
    0.69 Acres

    Source: Reichle | Klein Group Agent Lynette Reichle, SIOR

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

    Overview

    Industrial Building with Expansion Land

    This high-quality industrial building is suitable for manufacturing and warehouse operations. It is in excellent, well-maintained condition and move-in ready. The property includes land for expansion or outside storage. The building features 480V 3-phase, 1600 amp electrical service with heavy power, upgraded in 2015 with primary ownership. LED lighting is installed throughout. The property offers a total area of 17298 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Weiler Welding Co. ... Welding Supply Store Airgas Store Welding Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.8364061
    Latitude
    39.9361645

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    FAQs

    What type of property is this?
    Manufacturing property - High-quality industrial building suitable for manufacturing and warehouse use.
    Where is this manufacturing property located?
    The property is located at 1600 Commerce Rd Springfield, OH.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Heavy Power: 480V 3-phase, 1600 amp service is ideal for demanding industrial operations.; - Land for Expansion/Storage: Offers significant potential for business growth or additional operational space.; - Move-in Ready: Allows for immediate occupancy and operational startup.
    (419) 861-1100
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    1600 Commerce Rd Springfield, OH 45504
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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
    1600 Commerce Rd Springfield, OH 45504
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