20 Zischler St Springfield, OH 45504-2853
This exceptional Springfield, Ohio industrial property, located at 20 Zischler Street, presents a compelling investment opportunity. The 60,500 square foot warehouse boasts significant advantages, including well-below-market lease rates secured by a recently signed 10-year lease. The property features a substantial 10-ton crane, ideal for efficient material handling, and ample outside storage space, enhancing its operational versatility. The strong financial performance is underscored by an attractive 8.25% cap rate, making it an attractive addition to any portfolio. Annual property taxes are $19,075.92, and annual insurance premiums are $10,886. The property is situated in Clark County, Ohio, with the full address being 20 Zischler Street, Springfield, OH 45504. This warehouse offers a rare combination of size, functionality, and strong financial returns, making it an ideal investment for discerning buyers seeking a stable, high-yield asset in a desirable location. The long-term lease provides predictable income and minimizes vacancy risk. The combination of the crane, ample outdoor storage, and the favorable lease terms makes this property particularly attractive to a wide range of potential tenants. The asking price for this exceptional investment opportunity is $1,950,000.
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National Stair General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.