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1180 Upper Valley Pike Springfield, OH 45504

OFF-MARKET Retail properties & Spaces Google Maps
7,021 SF 1.07 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 7,021-square-foot retail building presents a prime opportunity in Springfield, Ohio. Located at 1180 Upper Valley Pike, this single-tenant property sits on a sizable 1.07-acre lot, offering excellent visibility from a major thoroughfare. The building's previous use as a Tire Choice location provides a solid foundation for a variety of retail or commercial ventures. The property is zoned B-1A, allowing for a range of potential uses. Its strategic location on the west side of Springfield, just west of US Highway 68 and Troy Road, places it within the main trade area. The property benefits from its proximity to a recently redeveloped industrial/business park, formerly a mall, located just to the north, indicating a thriving and evolving commercial landscape. The ample 7,021 square feet of vacant space provides significant flexibility for tenant build-out and customization. This property's combination of size, location, and visibility makes it an attractive investment opportunity for discerning buyers seeking a strong foothold in the Springfield market. The parcel number is 05-00600-01200-0200. This is a rare chance to acquire a substantial retail space in a dynamic area of Springfield, Ohio, with significant potential for growth and return.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,021 SF
Lot 1.07 ac (46,609 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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