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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Storefront properties
126 High St Springfield, OH 45502-1216
Entity Owned
7-yr Hold
Free & Clear
Property ID
US66-2056423
Property summary
AI-generated overview
Located on East High Street in downtown Springfield, this commercial property offers a versatile building suitable for retail, office, studio, or mixed-use redevelopment. The property benefits from visibility, walkability, and access to nearby dining and government services. Situated in a downtown location, the property is surrounded by revitalization and community investment. It features street exposure with high traffic count and strong foot and vehicle visibility. The property is located near City Hall, shops, restaurants, and parking. The lot size is 0.26 acres, and the building offers 45000 square feet of living area. The property address is 126 E High St, Springfield, OH 45502.
Property profile
Verified
Property type
Storefront properties
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1915
Construction
BRICK
Total area
22,080 SF
Lot
0.13 ac (5,532 SF)
APN
340-07-00034-200-028
UPID
US66-2056423
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
Current use
Occupant on record · Public records
-
Top Tier Entertainment at The Buckeye Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$677k
Blend (final)
Blend
$625k
Owner & transaction history
Hull Organization LLC · 7 yrs held
Hull Organization LLC
since 2019
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$28 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,280
Tax year 2023
Assessed value
$32,900
Assessed 2023
Previous assessed
$32,900
+0.0% YoY
Effective rate
95.08%
On assessed value
Assessed land
$3,860
Assessed improvement
$29,040
Land market value
$11,040
Improvement market value
$82,970
Total market value
$94,010
Applied tax rate
340.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Storefront properties
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1915
Construction
BRICK
Heating
NONE
Stories
4
Total area
22,080 SF
Lot
0.13 ac (5,532 SF)
APN
340-07-00034-200-028
UPID
US66-2056423
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1915
Construction
BRICK
Heating
NONE
Stories
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
Hull Organization LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1902 CAMPUS PL STE #9, LOUISVILLE, KY 40299-2335
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2019
$32,800
Hull Organization LLC
Wilson,arthur E & Nancy R
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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