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    250 Veronia Dr Springfield, OH 45502

    Sponsored
    For Sale
    $4,500,000

    Modern 55,584 SF Office, Excellent Value

    Property size:
    55,584 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story office building, located at 250 Veronia Dr in Springfield, Ohio, presents a unique investment opportunity. Built in 2008, the 55,584 square foot property is ideally suited for a variety of uses, including corporate headquarters, higher education institutions, healthcare providers, or research and development firms. Its efficient floorplates offer flexible build-out options to accommodate diverse operational needs. The building boasts ample surface parking, a significant advantage for employees and visitors. Furthermore, its location offers a desirable campus-like setting with convenient access to nearby walking trails, enhancing the overall work environment. Priced at $4,500,000, this property represents an excellent owner-user opportunity, significantly below the cost of new construction. The property is situated in Clark County, Ohio, with a zip code of 45502. This prime location offers easy access to Springfield's amenities and infrastructure. The building's modern design and functional layout make it an attractive option for businesses seeking a high-quality, well-maintained office space. The property is classified as both Executive Office and Medical Office space, offering versatility for potential buyers.

    Property Features for 250 Veronia Dr

    General Information

    Property type
    Medical offices
    Square Feet
    55,584 SF

    Building Details

    Year Built
    2008
    Stories
    3

    HighLights

    • 2008 Construction.
    • 55,584 square feet.
    • Three‑story building.
    • Abundant surface parking.
    • Park‑like setting with nearby walking trails.
    • Efficient floor plans offering flexible layouts.
    Property Profile Location Intelligence

    Current Use by Public Records

    SAIC Inc Professional Services Newport Corporation General Contractor

    Suggested Use

    Restaurant Realty agency Spa & Massage Wholesale Shop Hair Salon Nail Salon Hotel & Motel Food Market Accounting Firm Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.721354
    Latitude
    39.9197614

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    FAQs

    What type of property is this?
    Medical office - Modern 55,584 SF Office, Excellent Value
    Where is this medical office located?
    The property is located at 250 Veronia Dr Springfield, OH.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: 2008 Construction.; 55,584 square feet.; Three-story building.
    Request Owner's contact information
    250 Veronia Dr Springfield, OH 45502
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    Springfield, OH 45502
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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
    250 Veronia Dr Springfield, OH 45502
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