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    1500 Upper Valley Pike Springfield, OH 45504

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    For Lease
    Contact for pricing

    Retail spaces available near major retailers and a hospital.

    Property size:
    2,200 SF
    Lot size:
    13.53 Acres

    Property Features for 1500 Upper Valley Pike

    General Information

    Size
    2,200 SF
    Lot size
    13.53 Acres

    Source: Goodman Real Estate Agent Zachary Sogoloff

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

    Overview

    Retail Space Near Major Retailers

    Available for rent are retail spaces ranging from 1,680 to 31,000 square feet. This outparcel property is positioned near major retailers, including Rural King, which serves as a shadow anchor, Kroger, Kohl's, Walmart, Hobby Lobby, Marshall's, Lowe's, and The Home Depot. The location benefits from high traffic at the intersection of Upper Valley Pike and Route 41 (Troy Road). It is also situated in close proximity to Springfield Regional Medical Center, a full-service, 24-hour hospital encompassing 475,000 square feet with 254 beds. Furthermore, the property is located less than two miles from Wittenburg University.
    Location Intelligence

    Current Use by Public Records

    M&T Bank Bank

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.851664
    Latitude
    39.947915

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available near major retailers and a hospital.
    Where is this retail space located?
    The property is located at 1500 Upper Valley Pike Springfield, OH.
    What are key features of this property?
    This property features: - Located at the heavily traveled intersection of Upper Valley Pike and Route 41 (Troy Road); - Outparcel location; - 1,680 to 31,000 SF available
    (216) 381-8200
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    1500 Upper Valley Pike 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
    1500 Upper Valley Pike Springfield, OH 45504
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