Property profile

220 Montgomery Ave Springfield, OH 45506

OFF-MARKET
Garden apartment buildings
Property ID
US66-1436030
78,820 SF 0.47 ac lot Built 1969
Entity Owned Free & Clear
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1969
Total area 78,820 SF
Lot 0.47 ac (20,386 SF)
APN 340-06-00004-109-025
UPID US66-1436030

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Apartment Building
  • Advertising Agency

Location

220 Montgomery Ave Springfield, OH 45506-1200
Springfield metro Census 901 SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.57M
Comparable Approach Comparable
$4.93M
Blend (final) Blend
$410k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $6.6M +45.8%
Medical building $6.0M +32.6%
Auto repair, garage $5.9M +29.6%

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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