Pike Pike Upper Valley Pike, Springfield, OH 45504
This exceptional 7.92-acre property presents a remarkable investment opportunity in Springfield, Ohio. Comprising two parcels—one in German Township and one in Springfield Township—both have been annexed into the city limits. This strategic location offers significant development potential for a variety of uses. The Springfield Township parcel is currently zoned commercial, while the German Township parcel is zoned residential, providing flexibility for future planning. The property boasts convenient access to county utilities situated along Upper Valley Pike. The substantial acreage allows for a wide range of development possibilities, making it ideal for investors and developers seeking a prime location with significant upside. Prospective buyers should note that applications for any intended use must be submitted to the City of Springfield and the respective township zoning departments for approval. This is a rare chance to acquire a large, strategically located parcel in a growing area, ready for your vision. The existing zoning designations provide a solid foundation for various projects, from commercial ventures to residential developments. The availability of utilities simplifies the development process, reducing upfront costs and accelerating project timelines. Don't miss this chance to secure a significant land holding in a desirable location.
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
Similar Nearby for Lease
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.