Flex Property with
For Sale
$299,000
925 Upper Valley, Springfield, OH 45504
Commercial Sale, Springfield, OH
Property Size800 SF
Lot Size7.50 Acres
Price / SF$93.44
Days on Market99
Property Features for 925 Upper Valley
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business, Commercial
Parking features
Garage
Subdivision
Mrs
Directions
Located on the West side of Upper Valley Pk just North of Rt 68/Rt 4.
Standard status
Active
APN
3000600017202011
Size
3,200 SF
Lot size
7.50 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Sewer type
Septic Tank
Heating system
Space Heater
Building Details
Year built
1964
Building materials
Wood Siding
Listing Agency:
eXp Realty
Listed By:
Sara Foulk · License #2021008176
(513) 255-2886
Added: Jun 30
Changed: Sep 7
Last Checked: Oct 6 at 2:06AM
MLS# 1046777
Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex property in Springfield Township includes approximately 3,200 square feet of improvements, arranged as a former office of approximately 800 square feet and a garage/shop measuring approximately 2,400 square feet. The buildings date to 1964 and require work. A paved parking area of approximately 8,000 square feet serves the improvements, while heating is provided by a space heater and the property uses a septic tank.
The parcel is located in Springfield, Ohio, with access to major roadways and area amenities. A completed survey establishes the new parcel, which is to be recorded with Clark County. A portion of the property is within a designated floodplain, and intended use should be verified by the buyer.
The parcel is located in Springfield, Ohio, with access to major roadways and area amenities. A completed survey establishes the new parcel, which is to be recorded with Clark County. A portion of the property is within a designated floodplain, and intended use should be verified by the buyer.
Key Highlights
- Approximately 3,200 SF of total improvements
- Approximately 2,400 SF garage/shop
- Approximately 800 SF former office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,149
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,980
$263.0K
Cap Rate 7%
$187,843
$187.8K
Cap Rate 9%
$146,100
$146.1K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$20.5K $6.41/SF
− Vacancy
−$1.7K −$0.54/SF
EGI
$18.8K $5.87/SF
− OpEx
−$5.6K −$1.76/SF
NOI
$13.1K $4.11/SF
Area
Clark County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,980
Cap Rate 7%
$187,843
Cap Rate 9%
$146,100
Alternative Uses
Best Use
Office B
$608.9K
$532.8K – $710.4K
NOI $42,621 @ 7.0% cap · market cap 14.25%
Second Best
Industrial
$187.8K
$164.4K – $219.2K
NOI $13,149 @ 7.0% cap · market cap 4.40%
Theoretical Best
Specialty Retail
$892.6K
$781.0K – $1.04M
NOI $62,480 @ 7.0% cap · market cap 20.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 45504, OH
17,343
Population
7,100
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
92%
High-School Grad
22.0 sq mi
ZIP Area
788
Density / Sq Mi
$67,334
Median Household Income
$38,813
Median Earnings
$889
Median Rent
$167,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial site combining office, shop, and substantial paved parking improvements.
Where is this flex space located?
The property is located at 925 Upper Valley Springfield, OH.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Approximately 3,200 SF of total improvements; Approximately 2,400 SF garage/shop; Approximately 800 SF former office
