Financial
Distress signals
Property profile

2187 1st St Springfield, OH 45504

OFF-MARKET
Manufacturing properties
Property ID
US66-2251685
21,065 SF 2.47 ac lot Built 1968
Last sale Feb 2022 · $1,195,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$169k
Assessed land$53k
Assessed improvement$117k
Effective rate6.37%

Value estimate

· Sep 2026
$1.05M
$941k – $1.15M
AI approach$1.34M
CAP approach$1.33M
Submarket $/SF estimate$912k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$34/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$14 – $57
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-2
JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.9
Law Firm13.1
Parking Facility11.4

Location

2187 1st St Springfield, OH 45504-1928
County assessor Recorded deeds · 5 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1913 Commerce, Springfield, OH 45504-2011 $700,000 Dec 2023 32,726 SF
2118 1st, Springfield, OH 45504-1929 $1,588,000 Nov 2023 6,408 SF
508 Main, Springfield, OH 45504-2662 $10,583,400 Aug 2022 15,405 SF
1330 Perry, Springfield, OH 45504-2347 $150,000 Dec 2020 6,100 SF
1941 Commerce, Springfield, OH 45504-2011 $4,000,000 May 2020 20,627 SF
1961 Commerce, Springfield, OH 45504-2011 $4,000,000 May 2020 66,339 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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