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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Auto shops
2340 Selma Rd Springfield, OH 45505-5122
Individually Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-2013261
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2002
Construction
METAL FRAME
Total area
4,500 SF
Lot
4.77 ac (207,781 SF)
Zoning code
S
APN
300-07-00026-201-046
UPID
US66-2013261
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
-
Riverdale Auto Care Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$535k
Blend (final)
Blend
$560k
Owner & transaction history
Donald L Gram · 24 yrs held
Donald L Gram
since 2002
7 recorded transactions
Zoning & alternative use
S · Springfield, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$375,000
+12.5%
Medical building
$340,000
+2.3%
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
OFFICE BUILDING
$375,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$340,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$124 / 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
$5,671
Tax year 2023
Assessed value
$88,900
Assessed 2023
Previous assessed
$88,900
+0.0% YoY
Effective rate
6.38%
On assessed value
Assessed land
$51,320
Assessed improvement
$37,580
Land market value
$146,630
Improvement market value
$107,370
Total market value
$254,000
Applied tax rate
300.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2002
Construction
METAL FRAME
Heating
NONE
Stories
1
Total area
4,500 SF
Lot
4.77 ac (207,781 SF)
Zoning code
S
APN
300-07-00026-201-046
UPID
US66-2013261
Jurisdiction
CLARK
Zoning & alternative use
S · Springfield, OH
Zoning S · permitted uses
S · Springfield, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$375,000
MEDICAL BUILDING
Est. value
$340,000
OFFICE BUILDING
MEDICAL BUILDING
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
2002
Construction
METAL FRAME
Heating
NONE
Stories
1
Lot
4.77 ac
Current owner
From public records · entity-resolved
Donald L Gram
Individual
Mailing address
5777 N RIV RD, SPRINGFIELD, OH 45502-6325
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2002
—
Donald L Gram
—
Trustees Deed
related
$200,000 · Sky Bank
May 3, 2002
$20,000
Donald L Gram
Lannert,william H
Grant Deed
—
—
—
Donald L Gram
—
Deed Of Trust
related
$216,000 · Fifth Third Bank
—
—
Donald L Gram
—
Deed Of Trust
related
$232,800 · Wesbanco Bank INC
—
—
Rebecca S Clayton
—
Deed Of Trust
related
$6,917 · Citifinancial INC
—
—
Donald L Gram
—
Deed Of Trust
related
$25,000 · Sky Bank
—
—
Donald L Gram
—
Deed Of Trust
related
$84,000 · Fifth Third Bank
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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