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2034 Cleveland Ave Springfield, OH 45503

FOR SALE
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Property ID
US66-2564918
4,608 SF 0.67 ac Built 1988
Last sale Jul 2026·$235,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
2034 Cleveland Ave, Springfield, OH 45503 For Sale 1 / 21
Contact for pricing 4,608 SF
2034 Cleveland Ave, Springfield, OH 45503
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Property summary

AI-generated overview

A 4,608-square-foot warehouse building is situated on a fully fenced lot with asphalt and concrete parking and storage areas. The interior is configured with an open warehouse space, dedicated office area, two restrooms, and a loft storage area for inventory organization. Vehicle and operational access is provided by three oversized overhead doors for straightforward drive-in entry. A detached outbuilding measuring 12 feet by 32 feet was added in 2020 and includes a heating and cooling split…

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?
$1k
Tax billed · 2023
Assessed value$19k
Assessed land$5k
Assessed improvement$14k
Effective rate7.62%

Value estimate

· Nov 2026
$335k
$302k – $369k
AI approach$310k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 8.42% cap applied$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$39/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$13 – $61

Cap rate analysis

How does the asset earn?
8.42%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency18.1
Law Firm14.7
Dental Office12.8

Location

2034 Cleveland Ave Springfield, OH 45503
County assessor Recorded deeds · 5 transfers Qualifying 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1215 Warder, Springfield, OH 45503-4335 $300,000 Feb 2024 11,520 SF
311 Columbia, Springfield, OH 45503-4212 $84,100 Feb 2023 5,406 SF
764 Warder, Springfield, OH 45503-4326 $225,000 Jan 2021 5,754 SF
2214 Larch, Springfield, OH 45503-3540 $60,000 Dec 2020 5,576 SF
1912 Edwards, Springfield, OH 45503 $25,000 Dec 2020 1,920 SF
1028 Wheel, Springfield, OH 45503-3545 $22,100 Aug 2019 6,776 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
    $315,000
    4,459 SF
    31 Sycamore St
    WAREHOUSE, STORAGE
    31 Sycamore St, Springfield, OH 45503-4452
    View Details
  • Value Estimation
    $285,000
    4,000 SF
    Warder St
    MINI-WAREHOUSE, STORAGE
    Warder St, Springfield, OH 45503
    View Details
  • Value Estimation
    $115,000
    5,406 SF
    311 Columbia St
    LIGHT INDUSTRIAL
    311 Columbia St, Springfield, OH 45503-4212
    View Details
  • Value Estimation
    $505,000
    5,610 SF
    Mitchell Blvd
    MINI-WAREHOUSE, STORAGE
    Mitchell Blvd, Springfield, OH 45503
    View Details
  • Value Estimation
    $835,000
    8,586 SF
    3000 Main St
    MINI-WAREHOUSE, STORAGE
    3000 Main St, Springfield, OH 45503
    View Details
  • Value Estimation
    $290,000
    2,100 SF
    Moorefield Rd
    MINI-WAREHOUSE, STORAGE
    Moorefield Rd, Springfield, OH 45503
    View Details

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Similar in This City for Lease

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  • New
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  • New
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Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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