Technical
Financial
Distress signals
Property profile

1130 Vester Ave Springfield, OH 45503

OFF-MARKET
Office buildings
Property ID
US66-2438432
13,424 SF 0.74 ac lot Built 1976
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,400-square-foot office space in Springfield, Ohio, presents a unique opportunity for a variety of businesses. Located at 1130 Vester Ave, Springfield, OH 45503, this single-tenant property offers ample space for a range of uses. Currently vacant, the entire 1,200 square feet is immediately available. Its adaptable design makes it ideal for medical offices, dental practices, or any office-based business requiring a flexible and functional workspace. The property's classification as a medical, traditional, creative, and coworking office space highlights its versatility and potential to accommodate diverse operational needs. The building's total square footage is 1,400 square feet, ensuring ample room for operations and potential expansion. This prime Springfield location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic presence in the area. The property is ready for immediate occupancy, allowing businesses to quickly establish their operations and capitalize on this exceptional opportunity. The address is easily accessible and situated within a convenient area of Springfield. This is a rare opportunity to secure a well-located, versatile office space in a thriving Ohio market.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1976
Construction BRICK
Total area 13,424 SF
Lot 0.74 ac (32,234 SF)
APN 340-03-00025-100-069
UPID US66-2438432

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
  • Real Estate Agency
  • Hair Salon
  • Physician
  • Hearing Aid Store Audiologist
  • Foster Care Service Social Service Agency

Location

1130 Vester Ave Springfield, OH 45503-7302
Springfield metro Census 2404 SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$657k
Blend (final) Blend
$750k

Owner & transaction history

since 2024
Last sale
$750,000
3 recorded transactions
2024
$750,000
2023
Price N/A
2022
$360,000

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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