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Financial
Distress signals
Property profile

1110 N Bechtle Ave Springfield, OH 45504

FOR LEASE
Medical Office Space
Property ID
US66-1113084
3,906 SF 0.06 ac lot Built 1964
Last sale Sep 2008 · $390,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 1108–1110 N Bechtle Ave in Springfield, Ohio consists of a partially renovated commercial office building totaling 3,906 square feet on approximately 0.5 acres, configured to support retail or office use. The building includes two shared bathrooms and provides on-site parking for more than 30 vehicles. It has a replaced roof completed in 2024 and additional partial updates completed in 2024. Signage consists of both on-building signage and a free-standing sign, positioned for…

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?
$5k
Tax billed · 2023
Assessed value$74k
Assessed land$4k
Assessed improvement$70k
Effective rate7.26%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$43k
Vacancy & credit loss−$4k
Operating expenses−$16k
NOI · 935.64% cap applied$23k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$76/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$49 – $105

Cap rate analysis

How does the asset earn?
935.64%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.1
Parking Facility10.6
Realty agency9.7

Location

1110 N Bechtle Ave Springfield, OH 45504
County assessor Recorded deeds · 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2555 Creekwood, Springfield, OH 45504-4056 $195,000 Jan 2026 2,220 SF
301 Fountain, Springfield, OH 45504-2582 $210,000 Jan 2025 2,544 SF
908-910 Fountain, Springfield, OH 45504 $226,000 Aug 2024 2,520 SF
2816 Troy, Springfield, OH 45504 $875,000 Feb 2024 7,128 SF
1233 1st, Springfield, OH 45504-1940 $430,000 Sep 2023 2,652 SF
1207-1209 Plum, Springfield, OH 45504 $150,000 Oct 2019 3,066 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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