Financial
Distress signals
Property profile

1501 N Bechtle Ave Springfield, OH 45504

FOR LEASE
Retail space
Property ID
US66-0089369
42,888 SF 3.64 ac lot Built 1995
Last sale Sep 2025 · $1,808,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Springfield Commons outparcel is a three-unit strip center with a total gross leasable area of approximately 9,780 square feet for an end-cap space that comprises about 23.25% of the center, and it is historically occupied by Planet Fitness and Mattress Firm (both having operated at the property for more than 10 years). The center is positioned near a signalized intersection with frontage on N Bechtle Avenue and includes prominent pylon signage. The surrounding area along N Bechtle Avenue

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$59k
Tax billed · 2023
Assessed value$963k
Assessed land$322k
Assessed improvement$641k
Effective rate6.12%

Value estimate

· Sep 2026
$12.89M
$11.60M – $14.17M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$57/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$30 – $94

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 agency8.5
Hotel & Motel6.8
Accounting Firm7.5

Location

1501 N Bechtle Ave Springfield, OH 45504
County assessor Recorded deeds · 8 transfers 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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