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Property profile & analytics
OFF-MARKET
Land

1228-1230 High St Springfield, OH 45506

Property ID
US66-2503298
Property summary
AI-generated overview

This exceptional multifamily investment property, located at 1228-1230 W High Street in Springfield, Ohio, presents a compelling opportunity for discerning investors. Situated on a sizable 5,662.8 square foot lot, this property is classified as both land and multifamily, specifically an apartment building and residential duplex/triplex/quadruplex. The asking price is $8,000. The property's address is clearly identified as 1228-1230 W High Street, Springfield, OH 45506, within Clark County. The property is currently vacant land, offering a blank canvas for development or redevelopment. Its location in Springfield, Ohio, provides access to local amenities and infrastructure. The substantial lot size presents significant potential for various development projects, catering to a range of investment strategies. Given the current vacant status, this property offers a unique chance to shape its future and maximize its investment potential. The property's multifamily classification suggests possibilities for residential development, aligning with the growing demand for housing in the area. Further due diligence is recommended to fully assess the development potential and associated costs. This is a rare opportunity to acquire a significant land parcel in a desirable location at an attractive price point.

Property profile
Verified
Property type Land
UPID US66-2503298
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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