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    2419 High St Springfield, OH 45505

    For Sale
    $275,000

    Springfield, OH: 4,000 SF, $275,000

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial property, located at 2419 E High Street in Springfield, Ohio, presents a unique investment opportunity. The 4,000 square foot building sits on a substantial 13,939.2 square foot lot and is priced at $275,000, or $68.75 per square foot. Its CC-2 (Community Commercial District) zoning allows for a diverse range of business uses, making it ideal for retail, service-based businesses, or community-oriented ventures. The property benefits from high visibility on a major roadway with over 5,500 vehicles passing daily, ensuring significant exposure to potential customers. Recent improvements include fresh paint and new flooring throughout, creating a modern and inviting atmosphere. The building also features two large overhead bays, adding to its functional versatility. This turnkey property is ready for immediate occupancy and offers significant potential for growth and return on investment. The address is 2419 E High Street, Springfield, OH 45505.

    Property Features for 2419 High St

    General Information

    Property type
    Specialty properties
    Square Feet
    4,000 SF

    HighLights

    • 4,000 SF building on a 13,939.2 SF lot in Springfield, OH.
    • Priced at $275,000 ($68.75/SF).
    • CC‑2 zoning allows for diverse commercial uses.
    • High visibility on a major roadway with over 5,500 VPD.
    • Recent improvements include fresh paint and new flooring.
    • Features two large overhead bays.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jonathan Gillman General Practitioner Dayton Orthopaedic Surgery Medical Clinic Jonathan Paley Orthopedic Surgeon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.7730402
    Latitude
    39.9213632

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    FAQs

    What type of property is this?
    Specialty property - Springfield, OH: 4,000 SF, $275,000
    Where is this specialty property located?
    The property is located at 2419 High St Springfield, OH.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 4,000 SF building on a 13,939.2 SF lot in Springfield, OH.; Priced at $275,000 ($68.75/SF).; CC-2 zoning allows for diverse commercial uses.
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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
    2419 High St Springfield, OH 45505
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