Property profile

204 Lowry Ave Springfield, OH 45506

OFF-MARKET
Warehouses
Property ID
US66-2114634
9,208 SF 0.29 ac lot Built 1900
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional Springfield, Ohio industrial property offers 56,892 square feet of versatile space, encompassing a high-bay warehouse (26,031 sq ft), flex warehouse (10,522 sq ft), and multi-floor office/warehouse (20,339 sq ft). Built in 1958, this single-building property sits on a 1.62-acre lot and features four loading docks and ceiling heights ranging from 10 to 24 feet. The asking price is $1,250,000, translating to $21.97 per square foot. Its prime location in Springfield benefits from significant recent revitalization efforts, including over $400 million in new developments downtown in the last decade. The property's proximity to the NTPRD Chiller (an indoor ice skating arena generating substantial economic impact), a vibrant arts community (including the Springfield Symphony Orchestra and Clark State Performing Arts Center), Wittenberg University, and Clark State Community College makes it an attractive investment opportunity. The property's APN is 34-00700-03411-4002. This unique blend of warehouse and office space presents a compelling opportunity for a variety of businesses seeking a well-located and functional facility in a growing Ohio city.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1900
Construction BRICK
Total area 9,208 SF
Lot 0.29 ac (12,589 SF)
APN 340-07-00034-114-001
UPID US66-2114634

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

204 Lowry Ave Springfield, OH 45506
Springfield metro Census 901 SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2026
Last sale
$545,000
2 recorded transactions
2026
Price N/A
2026
$545,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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