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Upper Valley Pike Springfield, OH 45504

OFF-MARKET Commercial real estate Google Maps
7.92 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 7.92-acre property presents a remarkable investment opportunity for developers and investors. Strategically located on Upper Valley Pike in Springfield, Ohio, this offering comprises two parcels: one in German Township and one in Springfield Township, both now annexed into the city of Springfield. The Springfield Township parcel is currently zoned commercial, while the German Township parcel is zoned residential. This dual-zoning presents a unique flexibility for future development plans. The property is largely undeveloped, offering a blank canvas for a wide range of commercial ventures. Existing county utilities are readily accessible via Upper Valley Pike, simplifying infrastructure development. The expansive acreage allows for substantial building potential, catering to various commercial needs. Prospective buyers should independently verify zoning regulations and obtain necessary approvals from the City of Springfield and the respective township zoning departments before finalizing any development plans. This prime location and significant acreage make this a truly exceptional opportunity for those seeking a high-impact commercial investment in a growing area. The property's size and accessibility make it ideal for a variety of commercial uses, subject to obtaining the necessary permits and approvals. Serious inquiries are encouraged to explore the potential of this unique and versatile property.

Property profile

Verified
Property type Commercial real estate
Lot 7.92 ac (344,995 SF)

Cap rate & NOI

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

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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