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Financial
Distress signals
Property profile

1501 N Bechtle Ave Springfield, OH 45504

FOR LEASE
Retail space
Property ID
US66-0089369
42,888 SF 3.64 ac lot Built 1995
Last sale Sep 2025 · $1,808,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Springfield Commons outparcel is a three-unit strip center with a total gross leasable area of approximately 9,780 square feet for an end-cap space that comprises about 23.25% of the center, and it is historically occupied by Planet Fitness and Mattress Firm (both having operated at the property for more than 10 years). The center is positioned near a signalized intersection with frontage on N Bechtle Avenue and includes prominent pylon signage. The surrounding area along N Bechtle Avenue…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$59k
Tax billed · 2023
Assessed value$963k
Assessed land$322k
Assessed improvement$641k
Effective rate6.12%

Value estimate

· Oct 2026
$12.89M
$11.60M – $14.17M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$57/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$30 – $94

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency20.0
Law Firm17.1
Storage Facility12.1

Location

1501 N Bechtle Ave Springfield, OH 45504
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1660-1728 Vly Loop, Springfield, OH 45504 $463,500 Feb 2026 9,796 SF
1325 1st, Springfield, OH 45504-1920 $430,000 Mar 2025 8,021 SF
601-603 Main, Springfield, OH 45504 $30,000 Jul 2024 12,960 SF
300 Fountain, Springfield, OH 45504-2537 $267,000 May 2024 6,846 SF
800-804 Main, Springfield, OH 45504 $235,000 Dec 2022 6,762 SF
401 Wn, Springfield, OH 45504-2607 $3,500,000 Apr 2022 11,289 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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