Property profile

2447 Mechanicsburg Rd Springfield, OH 45503

OFF-MARKET
Retail space
Property ID
US66-1550405
2,129 SF 0.32 ac lot Built 1924
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1924
Construction FRAME
Total area 2,129 SF
Lot 0.32 ac (13,939 SF)
Zoning code R-1
APN 220-03-00019-402-007
UPID US66-1550405

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
  • Atm
  • Textile Manufacturer Factory

Location

2447 Mechanicsburg Rd Springfield, OH 45503-2528
Springfield metro Census 2403 SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$160k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2026
Last sale
$131,500
3 recorded transactions
2026
$131,500
2024
$160,000
2021
$146,500

Zoning & alternative use

R-1 · Springfield, OH

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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