Financial
Distress signals
Property profile

2024 Selma Rd Springfield, OH 45505

OFF-MARKET
Warehouses
Property ID
US66-2490069
11,369 SF 1.83 ac lot Built 2022
Last sale Mar 2025 · $2,050,000
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

This exceptional investment opportunity presents a prime 74,760-square-foot industrial property situated on a 2.07-acre lot in Springfield, Ohio. The property comprises two buildings, constructed in 1982, 1984, 2017, and 2022, offering a blend of established and modern infrastructure. One building encompasses 69,960 square feet, while the second building offers an additional 4,800 square feet of space. The property boasts six loading docks and eight drive-in doors, ensuring efficient loading…

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

What does the county charge?
Assessed value · 2023$120k
Assessed land$28k
Assessed improvement$92k

Value estimate

· Sep 2026
$2.11M
$1.89M – $2.32M
AI approach$2.04M

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

Recently sold

What actually traded nearby?
$39/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$13 – $61
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

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 agency29.3
Restaurant23.0
Dental Office22.2

Location

2024 Selma Rd Springfield, OH 45505-4238
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1550 Progress, Springfield, OH 45505-4456 $750,000 Jan 2026 17,000 SF
Section, Springfield, OH 45505 $375,000 Jun 2025 16,101 SF
980 Pleasant, Springfield, OH 45505-2131 $75,000 Oct 2024 7,128 SF
2385 Old Selma, Springfield, OH 45505-4611 $105,000 Oct 2024 7,152 SF
30 Walnut, Springfield, OH 45505-1145 $435,000 Sep 2024 10,000 SF
50 Fostoria, Springfield, OH 45505-1405 $225,000 Jan 2021 12,960 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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