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Property profile & analytics
OFF-MARKET
Estimated value
$6,335,000
Medical Office Space
2300 Limestone St Springfield, OH 45503-1102
Individually Owned
2-yr Hold
Free & Clear
Property ID
US66-1609404
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
61,376 SF
Lot
8.01 ac (349,003 SF)
APN
340-03-00031-402-011
UPID
US66-1609404
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
higi Physician
-
Elizabeth Sanchez, PA-C Physician
-
Elizabeth Colebank-Andes, APRN-CNP Physician
-
Michael Sun, MD Physician
-
Bitcoin Depot - Bitcoin ATM Crypto Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.42M
Blend (final)
Blend
$6.34M
Owner & transaction history
Beavercreek Medical Center · 2 yrs held
Beavercreek Medical Center
since 2023
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.3M
+121.2%
Office building
$5.7M
+21.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,660,000
Current use
RESTAURANT
$10,305,000
Change: +121% · Conversion: Difficult
OFFICE BUILDING
$5,675,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,555,000
Change: -2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,435,000
Change: -5% · Conversion: Moderate
RETAIL STORES
$4,150,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,840,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$6.34M
Range $5.70M – $6.97M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$103 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$291,531
Tax year 2023
Assessed value
$4,017,670
Assessed 2023
Previous assessed
$4,017,670
+0.0% YoY
Effective rate
7.26%
On assessed value
Assessed land
$274,860
Assessed improvement
$3,742,810
Land market value
$785,300
Improvement market value
$10,693,740
Total market value
$11,479,040
Applied tax rate
340.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Total area
61,376 SF
Lot
8.01 ac (349,003 SF)
APN
340-03-00031-402-011
UPID
US66-1609404
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$4.7M
RESTAURANT
Est. value
$10.3M
OFFICE BUILDING
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
RETAIL STORES
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$3.8M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Lot
8.01 ac
Current owner
From public records · entity-resolved
Beavercreek Medical Center
Individual
Free & Clear · 2 yrs held
Mailing address
1 PRESTIGE PL #910, MIAMISBURG, OH 45342-3794
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2023
—
Beavercreek Medical Center
Kettering Network Services
Warranty Deed
—
May 9, 2022
$62,500
Giant Ohio LLC
Virginia Louise Adeistone
Warranty Deed
—
Apr 15, 2021
—
Kettering Network Services
Kettering Network Services
Intrafamily Transfer
related
—
Dec 4, 2019
—
Kettering Network Services
Amvo LLC
Grant Deed
—
Sep 16, 2019
$2,200,000
Amvo LLC
Kuss R L & B D Trust
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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