Advertise

Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Open Dashboard
How to use Realmo Analytics Watch the walkthrough
Financial
Distress signals
Property profile

1806 Main St Springfield, OH 45503

OFF-MARKET
Turn key restaurants
Property ID
US66-2258450
2,048 SF 0.12 ac lot Built 1978
Last sale May 2025 · $485,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property consists of a single-tenant restaurant building containing approximately 2,080 square feet of existing restaurant and food-service space at 1806 E Main Street in Springfield, Ohio. The premises are configured for restaurant use and include a 12-foot commercial hood. The building is located on E Main Street and is reported to have approximately 19,000 vehicles per day passing the site.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$23k
Tax billed · 2023
Assessed value$51k
Assessed land$10k
Assessed improvement$41k
Effective rate45.77%

Value estimate

· Oct 2026
$445k
$401k – $490k
AI approach$515k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$168/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$39 – $260
Qualifying comparables3

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 agency23.3
Law Firm17.9
Gym & Fitness11.8

Location

1806 Main St Springfield, OH 45503
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales 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 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1426 Mitchell, Springfield, OH 45503-3400 $250,000 Feb 2026 2,100 SF
2447 Mechanicsburg, Springfield, OH 45503-2528 $131,500 Feb 2026 2,129 SF
227 Cecil, Springfield, OH 45503-3601 $120,000 Apr 2025 2,624 SF
1810 Main, Springfield, OH 45503-4640 $485,000 Feb 2025 2,000 SF
1070 Warder, Springfield, OH 45503-4349 $70,000 Oct 2024 2,238 SF
5 Murray, Springfield, OH 45503-4428 $65,000 Aug 2024 1,484 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $180,000
    2,012 SF
    951 James St
    RESTAURANT
    951 James St, Springfield, OH 45503-3935
    View Details
  • Value Estimation
    $160,000
    1,984 SF
    1805 Columbus Rd, Unit 1815
    RETAIL STORES (PERSONAL SERVICES)
    1805 Columbus Rd, Springfield, OH 45503-4011
    View Details
  • Value Estimation
    $60,000
    1,920 SF
    2201 Woodside Ave
    RETAIL STORES (PERSONAL SERVICES)
    2201 Woodside Ave, Springfield, OH 45503-4731
    View Details
  • Value Estimation
    $215,000
    2,334 SF
    1204 Villa Rd
    RETAIL STORES (PERSONAL SERVICES)
    1204 Villa Rd, Springfield, OH 45503-1407
    View Details
  • Value Estimation
    $265,000
    2,484 SF
    1929 Main St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1929 Main St, Springfield, OH 45503-4641
    View Details
  • Value Estimation
    $180,000
    1,616 SF
    2300 12th E Main St
    RETAIL STORES (PERSONAL SERVICES)
    2300 12th E Main St, Springfield, OH 45503-4912
    View Details

Similar in This City for Sale

  • New
    $795,000
    2,100 SF
    High-Traffic Corner Commercial Opportunity
    Visible corner location ideal for retail and service businesses.
    2700 W National Rd, Springfield, OH 45504
    View Details
  • $125,000
    2,212 SF
    Retail Space with Salon Improvements
    Operating salon business conveys with the real estate and installed equipment.
    2520 E High Street, Springfield, OH 45505
    View Details
  • New
    $350,000
    2,400 SF
    Operating Convenience Store
    Business and real estate are offered together with recent roof and flooring updates.
    637 W Main Street, Springfield, OH 45504
    View Details
  • $130,000
    3,576 SF
    Storefront Property with New Roof
    As-is storefront with reinforced foundation, updated roofing, and multiple recently replaced mechanical components.
    562-566 E Main Street, Springfield, OH 45503
    View Details
  • Contact for pricing
    4,000 SF
    Retail Space with Two Overhead Bays
    Zoned CC-2 with freshly painted interior, new flooring, and two large overhead bays for versatile retail use.
    2419 E High St, Springfield, OH 45505
    View Details
  • New
    Contact for pricing
    6,141 SF
    Absolute NNN Ground Lease Retail Outparcel
    Absolute NNN ground lease with a new 5-year extension and multiple renewal options, plus 5% rental increases every 5 years.
    20 S Tuttle Rd, Springfield, OH 45505
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    2,250 sqft
    Anchored Retail Center with Parking
    Retail center anchored by Kroger with ample parking and building signage available for strong storefront identification.
    2953-2989 Derr Rd, Springfield, OH 45503
    View Details
  • $2,400/Mo
    1,800 sqft
    Corner Storefront Space
    Open-plan commercial space includes a private office, two restrooms, and paved off-street parking.
    1730 E Main Street, Springfield, OH 45503
    View Details
  • New
    $14 SF/Yr
    Retail Space Available For Rent
    Retail space available for lease.
    2987 Derr Road, #2987, Springfield, OH 45503
    View Details
  • New
    Contact for pricing
    Retail Center Suites Available
    Retail suites available in Springfield, anchored by Kroger.
    2953-2989 Derr Road, Springfield, OH 45503
    View Details
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1806 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Request Owner's contact information
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Message sent successfully
Error
Email to Your Friends
Link copied to clipboard
Separate multiple addresses with a comma
Message sent successfully
Error
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Thank You

You are Unsubscribed From Notifications

Thank You for Inquiry
1806 Main St, Springfield, OH, 45503
letter with green check mark
Check your email
We sent you the
agent's contact details. yellow underline
Can't find it?
Please check your junk/spam folder.
Why this one?
Saved
Reason not saved — we won't ask again
Google sign-in failed. Please try again or use another login method.
Sign Up Successful!
You now have access to more from Realmo!