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Office Investment Opportunity
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1674 N Limestone St, Springfield, OH 45503

For sale office property offered at a 7.56% cap rate and includes 5,245 SF of space.

Property Size5,245 SF
Days on Market120

Property Features for 1674 N Limestone St

General Information

Standard status Active
Size 5,245 SF
Property subtype Office

Additional Details

Cap Rate 7.56%
Listing Agency: Matthews
Listed By: Kyle Mackulak · License #CA 02055597
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 9:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews

Investment Insights

Based on property information with market context.

This office property is available for sale as an income-focused investment, with a stated 7.56% cap rate and 5,245 SF of total space.

The property is located at 1674 N Limestone St in Springfield, OH 45503.

Beyond the stated investment metric and overall size, no additional building layout, condition, or tenancy details are provided in the information available here. For complete underwriting and due diligence, review the offering materials and confirm all financial and physical particulars directly with the listing broker.

Key Highlights

  • Office property for sale at a 7.56% cap rate
  • Includes 5,245 SF of office space

Property Analytics

Current Use

New Image Eye ... Eye Care Center Christopher Colvin, OD Physician Patrick Dawson, OD Physician MyEyeDr. Eye Care Center Daniel M. Runyan, ... Physician

Suggested Use

Top Pick HVAC Service Auto Repair Shop Kitchen & Bath Showroom Big Box & Wholesale Store Electrical Service Bakery

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

1,266
Businesses Nearby

Demographics for 45503, OH

32,870
Population
15,458
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
89%
High-School Grad
17.5 sq mi
ZIP Area
1,878
Density / Sq Mi
$54,561
Median Household Income
$36,761
Median Earnings
$871
Median Rent
$153,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - For sale office property offered at a 7.56% cap rate and includes 5,245 SF of space.
Where is this office building located?
The property is located at 1674 N Limestone St Springfield, OH.
What are key features of this property?
This property features: Office property for sale at a 7.56% cap rate; Includes 5,245 SF of office space
More about this property
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