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Buildable Residential Lot
For Sale
$40,000

273 Raffensperger Avenue, Springfield, OH 45505

Buildable residential lot in a newly established subdivision with road access and utilities available at the street.

Property Size13,068 SF
Price / SF$3.06
Days on Market383

Property Features for 273 Raffensperger Avenue

General Information

Standard status Active
Size 13,068 SF
Property subtype Land

Site & Location

Road Access Yes
Utilities to Site Yes
Listing Agency: Glasshouse Realty Group
Listed By: Nicole Harris · License #2016001182
Source: Compass
Added: Oct 8, 2025 Changed: Oct 25 Last Checked: Oct 24 at 8:45PM

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 Glasshouse Realty Group

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This buildable residential lot is located in a newly established subdivision in Springfield. Road access is already in place, and utilities are available at the street, supporting plans for new construction. The lot is described as having a larger-than-average footprint compared to typical residential lots in the area.

The property is positioned for convenience to shopping, dining, and major highways. The offering includes the opportunity to buy lots individually or as a package, and multiple lots are available.

The information provided notes that potential tax abatement may be available; eligibility and terms are subject to buyer verification, along with all due diligence related to zoning, building restrictions, utilities, and intended use.

Key Highlights

  • Buildable residential lot in a newly established subdivision in Springfield
  • Road access already in place
  • Utilities available at the street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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.

Lease Details

Yes
Paved road access
Yes
Utilities to site

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
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Buildable residential lot in a newly established subdivision with road access and utilities available at the street.
Where is this residential land & home lot located?
The property is located at 273 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 in Springfield; Road access already in place; Utilities available at the street
More about this property
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