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Financial
Distress signals
Property profile

202 Belmont Ave Springfield, OH 45505

OFF-MARKET
Medical Office Space
Property ID
US66-0202236
2,920 SF 0.23 ac lot Built 1955
Last sale Jun 2013 · $160,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This versatile 4,380 square foot mixed-use property at 202 S Belmont Avenue, Springfield, OH, presents a compelling investment opportunity. Currently generating $3,000 monthly income from seven full-time ($100/week) and one part-time ($50/week) leased salon booths on month-to-month agreements, this brick ranch offers significant upside potential. The building, featuring a full basement, was originally designed as two separate office spaces and could be easily converted back to this…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$38k
Assessed land$7k
Assessed improvement$31k
Effective rate7.26%

Value estimate

· Oct 2026
$245k
$221k – $270k

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

Recently sold

What actually traded nearby?
$76/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$49 – $105
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 Firm22.8
Gym & Fitness11.9

Location

202 Belmont Ave Springfield, OH 45505-1224
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
1929 High, Springfield, OH 45505-1227 $340,000 May 2024 2,841 SF
1834 High, Springfield, OH 45505-1253 $150,000 Nov 2023 3,039 SF
2440 High, Springfield, OH 45505-1324 $68,000 Jul 2023 1,502 SF
1730 High, Springfield, OH 45505-1208 $150,000 Feb 2023 3,662 SF
2608 Maplewood, Springfield, OH 45505 $85,000 Feb 2021 4,540 SF
2029 High, Springfield, OH 45505-1373 $443,000 May 2020 4,240 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
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