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Property profile & analytics
OFF-MARKET
Warehouses

1600 Commerce Rd Springfield, OH 45504-2016

7,560 SF 0.69 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
Property ID
US66-1686438
Property summary
AI-generated overview

This exceptional 6,044-square-foot warehouse, located at 1600 Commerce Road in Springfield, Ohio, presents a fantastic leasing opportunity. Built in 1988, this single-story industrial property sits on a 0.65-acre lot and offers a single-tenant occupancy. The entire 6,044 square feet is currently vacant and ready for immediate occupancy. The building features one convenient drive-in door, streamlining loading and unloading operations. Its classification as a single-tenant property ensures privacy and control for the lessee. The property's address is 1600 Commerce Rd, Springfield, OH 45504, and its APN is 34-00600-01120-1038. This warehouse is perfect for businesses seeking a functional and accessible space in a well-established location. The property's single-story design and ample square footage provide flexibility for various industrial and storage needs. The convenient drive-in door further enhances operational efficiency. This is a rare opportunity to secure a substantial warehouse space in a desirable Springfield location. Don't miss out on this chance to establish your business in this prime industrial property.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1988
Construction CONCRETE BLOCKS
Total area 7,560 SF
Lot 0.69 ac (30,056 SF)
APN 340-06-00011-201-038
UPID US66-1686438
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
  • Weiler Welding Co. Inc. Big Box & Wholesale Store Building Supply
  • Airgas Store Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
SECOND EQUITY COMPANY
SECOND EQUITY COMPANY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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