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1805 Limestone St Springfield, OH 45505

OFF-MARKET Retail properties & Spaces Google Maps
11,180 SF 0.97 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This ±11,180 square foot former Rite Aid pharmacy in Springfield, Ohio, is available for sale, lease, or ground lease. Situated on a ±0.97-acre lot, this freestanding building boasts over 290 linear feet of frontage on S. Limestone Street and over 150 linear feet on E. Singer Street. The property benefits from a high traffic count, exceeding 18,000 vehicles per day, and enjoys a strategic location across from Groceryland Grocer at a major intersection serving as a gateway to I-70. This prime retail space offers excellent visibility and accessibility, making it ideal for a variety of uses. The building includes a double lane drive-thru, a valuable asset for convenient customer service. Located in Clark County, Ohio, this property presents a compelling investment opportunity in a bustling commercial corridor. The asking price is $1,350,000. The building is currently vacant.

Property profile

Verified
Property type Retail properties & Spaces
Total area 11,180 SF
Lot 0.97 ac (42,253 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
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Physician

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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