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2419 High St Springfield, OH 45505-1323

Medical Office Space Google Maps
4,000 SF 0.31 ac lot Built 1972
Entity Owned Free & Clear
Estimated value (blended)
$275k
Range $248k – $303k (±10%)
Property ID US66-0716317

Property summary

AI-generated overview

This exceptional mixed-use property, located at 2419 High Street in Springfield, Ohio, presents a compelling investment opportunity. The building boasts a substantial 4,000 square feet of space, offering significant potential for a variety of commercial ventures. Its mixed-use zoning allows for flexible configurations, catering to diverse business needs. The property sits on a lot with no acreage, making it ideal for businesses that prioritize accessibility and convenience. Priced competitively at $275,000, this property represents a rare chance to acquire a well-situated commercial building in a thriving Ohio market. The building's size and versatile zoning make it suitable for a range of uses, from retail and office space to a combination of both. Its location on High Street provides excellent visibility and accessibility, ensuring high foot traffic and easy access for customers and employees. The absence of acreage simplifies maintenance and management, minimizing operational overhead. This is an excellent opportunity for investors seeking a strong return on investment in a dynamic and growing community. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy, allowing for a swift start to your business operations. Don't miss this chance to secure a prime commercial space in a desirable location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Construction CONCRETE BLOCKS
Total area 4,000 SF
Lot 0.31 ac (13,719 SF)
APN 340-07-00022-105-040
UPID US66-0716317

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
  • Physician
  • Medical Clinic
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2026
Last sale
$242,000
4 recorded transactions
2026
$242,000
2017
$165,000
2006
Price N/A
2005
Price N/A

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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