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Property profile & analytics
FOR SALE
Medical Office Space
3250 Middle Urbana Rd Springfield, OH 45502
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1849640
For Sale
1 / 2
$875,000
3250 Middle Urbana Rd, Springfield, OH 45502
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
BRICK
Total area
6,879 SF
Lot
1.73 ac (75,359 SF)
APN
320-03-00020-400-052
UPID
US66-1849640
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
-
Dr. Peter J. Muir, MD Pediatrician Physician
-
Kevin P Macy Pediatrician Physician
-
Janet Roberto, MD Pediatrician Physician
-
Ragen Engel, PA-C Physician
-
Christopher Holloway, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$720k
Blend (final)
Blend
$770k
Owner & transaction history
Kettering Network Services · 1 yrs held
Kettering Network Services
since 2025
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+121.2%
Office building
$575,000
+10.0%
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
$520,000
Current use
RESTAURANT
$1,155,000
Change: +121% · Conversion: Difficult
OFFICE BUILDING
$575,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$510,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$112 / 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
$20,003
Tax year 2023
Assessed value
$315,050
Assessed 2023
Previous assessed
$315,050
+0.0% YoY
Effective rate
6.35%
On assessed value
Assessed land
$41,710
Assessed improvement
$273,340
Land market value
$119,180
Improvement market value
$780,970
Total market value
$900,150
Applied tax rate
320.0000
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
For Sale
Year built
1990
Construction
BRICK
Heating
NONE
Stories
1
Total area
6,879 SF
Lot
1.73 ac (75,359 SF)
APN
320-03-00020-400-052
UPID
US66-1849640
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
$520,000
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$575,000
AUTO REPAIR, GARAGE
Est. value
$510,000
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1990
Construction
BRICK
Heating
NONE
Stories
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
Kettering Network Services
Individual
Mailing address
3535 SOUTHERN BLVD, KETTERING, OH 45429-1221
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
—
Kettering Network Services
Kettering Medical Center
Deed
—
Nov 30, 2018
$950,000
Kettering Medical Center
Jireh Re LLC
Warranty Deed
—
Sep 12, 2017
—
Jireh Re LLC
—
Deed
related
$50,000 · Security National Bank
Jul 18, 2008
—
Jireh Re LLC
Jireh
Quit Claim Deed
related
—
—
—
Jireh Re LLC
—
Deed Of Trust
related
$136,664 · Security National Bank & Trust
—
—
Jireh Co
—
Deed Of Trust
related
$135,314 · Security National Bank & Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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