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    Leffel Ln Springfield, OH 45506

    For Sale
    $348,300

    Prime Commercial Land, I-70 Access, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 3.33-acre commercial land parcel presents a remarkable investment opportunity in Springfield, Ohio. Located on W. Leffel Lane, this property boasts unparalleled visibility and accessibility due to its prime location on an I-70 frontage road, offering just a one-minute drive to the interstate. The asking price is $348,300. The property is zoned CC-2, Community Commercial, allowing for a wide range of development possibilities. This designation opens doors to various commercial ventures, making it an ideal site for businesses seeking high traffic exposure and convenient access to major transportation routes. The parcel's size provides ample space for substantial development projects. Its strategic location within a major retail area ensures high visibility and potential for significant return on investment. The APN is 3300700033311033. This is a rare chance to acquire a highly desirable commercial land parcel in a thriving area, poised for significant growth and development. Serious inquiries are encouraged.

    Property Features for 0 Leffel Ln

    General Information

    Property type
    Land

    HighLights

    • Highly Competitive Price!
    • Excellent Redevelopment Potential
    • Prime Retail Location
    • I‑70 Frontage Road Visibility
    • Immediate I‑70 Access
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.8245353
    Latitude
    39.8956545

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, I-70 Access, Development Ready
    Where is this land located?
    The property is located at Leffel Ln Springfield, OH.
    What is the asking price?
    The asking price for this property is $348,300.
    What are key features of this property?
    This property features: Highly Competitive Price!; Excellent Redevelopment Potential; Prime Retail Location
    Request Owner's contact information
    Leffel Ln Springfield, OH 45506
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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
    Leffel Ln Springfield, OH 45506
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