Property profile

3822 Springfield Xenia Rd Springfield, OH 45506

OFF-MARKET
Land
Built 1997
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Property summary

AI-generated overview

This exceptional 4.12-acre commercial land parcel presents a unique investment opportunity in Springfield, Ohio. Located at 3822 Springfield Xenia Road, this property boasts convenient access to Interstate 70 via State Route 68, ensuring high visibility and easy accessibility for businesses and customers. The land is part of a larger 6-acre site, with approximately 2 acres already developed. The total lot size encompasses 179,467.2 square feet, providing ample space for a wide range of commercial developments. Its strategic location immediately adjacent to a Dollar General store further enhances its appeal and potential for attracting a diverse clientele. The property's versatility is a key advantage, offering flexibility in transaction options. The owner is open to considering outright sale, lease agreements, or even build-to-suit arrangements, catering to the specific needs and preferences of potential buyers or tenants. This makes it an ideal location for businesses seeking a prominent presence in a high-traffic area. The year the existing structure on the site was built is 1997. This prime commercial land is priced at $412,000 and presents a compelling opportunity for significant return on investment. The property's location and flexibility make it suitable for a variety of commercial uses, from retail establishments to logistics centers and other commercial ventures. Don't miss this chance to acquire a strategically located and versatile commercial land parcel in a thriving Ohio market. The zip code is 45506, and the property is located in Clark County.

Property profile

Verified
Property type Land
Year built 1997

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
  • Grocery & Convenience Store Food Market

Location

3822 Springfield Xenia Rd Springfield, OH 45506
Springfield metro
Google Maps

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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