Property profile

2953 Derr Rd Springfield, OH 45503

OFF-MARKET
Drive through restaurants
Saved · see the list in your Dashboard
Property ID
US66-5524701
2,040 SF 0.46 ac Built 2003
Last sale Dec 2007·$4,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This retail center is located on the northern edge of Springfield, Ohio, positioned to serve a predominantly residential area and functioning as the only retail center within a 2-mile radius based on the listing’s description. The center is anchored by a Kroger store and is oriented for street visibility and convenient customer access. The property provides on-site parking and includes signage as an available option, with building identification signage permitted or configurable.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$105k
Assessed land$32k
Assessed improvement$74k
Effective rate7.26%

Value estimate

· Nov 2026
$285k
$257k – $314k
AI approach$270k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$168/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$39 – $260
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant39.7
Realty agency37.3
Building Supply35.8

Location

2953 Derr Rd Springfield, OH 45503-1341
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1426 Mitchell, Springfield, OH 45503-3400 $250,000 Feb 2026 2,100 SF
1806 Main, Springfield, OH 45503 $485,000 May 2025 2,048 SF
227 Cecil, Springfield, OH 45503-3601 $120,000 Apr 2025 2,624 SF
1810 Main, Springfield, OH 45503-4640 $485,000 Feb 2025 2,000 SF
1070 Warder, Springfield, OH 45503-4349 $70,000 Oct 2024 2,238 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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