0 High St, Springfield, OH 45506
This 2.846-acre development site in Springfield, Ohio, presents a unique investment opportunity. Located in the heart of downtown, within the Downtown Vision Plan, this property boasts a prime location at the signalized intersection of W. High Street and S. Wittenberg Avenue. Zoned Neighborhood Commercial District (CN-2), it allows for diverse uses including retail, residential, recreational, and industrial development. All utilities are available. The site benefits from excellent accessibility, situated just two blocks south of US-40 and 2.5 miles north of I-70, ensuring high visibility and convenient access. The property's potential is further enhanced by the possibility of city, county, and state incentives, details of which can be found at www.expandgreaterspringfield.com/site-selection/incentives. This is an exceptional chance to contribute to Springfield's revitalization and capitalize on a thriving downtown area. The parcel includes APNs 3400700034106001 and 3400700034106002. Asking price is $599,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.