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Property profile & analytics
OFF-MARKET
Manufacturing properties
3845 National Rd Springfield, OH 45504-3518
Individually Owned
1-yr Hold
Free & Clear
Property ID
US66-2076223
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1953
Construction
FRAME
Total area
16,032 SF
Lot
0.71 ac (30,928 SF)
Zoning code
B-3
APN
300-06-00022-208-006
UPID
US66-2076223
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
-
M.W. Woodworks Production Facility Furniture & Home Goods
-
W C Sims Co Marketing & Advertising Printing Service
-
Batcave Player, LLC Gym & Fitness Center Sports Field & Court
-
Polycrafters Inc Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Audrey Alcorn · 1 yrs held
Audrey Alcorn
since 2025
3 recorded transactions
Zoning & alternative use
B-3 · Springfield, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,503
Tax year 2023
Assessed value
$54,960
Assessed 2023
Previous assessed
$54,960
+0.0% YoY
Effective rate
6.37%
On assessed value
Assessed land
$5,040
Assessed improvement
$49,920
Land market value
$14,400
Improvement market value
$142,620
Total market value
$157,020
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1953
Construction
FRAME
Heating
NONE
Stories
1
Total area
16,032 SF
Lot
0.71 ac (30,928 SF)
Zoning code
B-3
APN
300-06-00022-208-006
UPID
US66-2076223
Jurisdiction
CLARK
Zoning & alternative use
B-3 · Springfield, OH
Zoning B-3 · permitted uses
B-3 · 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.
Building & site characteristics
From public records
Year built
1953
Construction
FRAME
Heating
NONE
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Audrey Alcorn
Individual
Free & Clear · 1 yrs held
Mailing address
6350 GREENRIDGE AVE, NEW CARLISLE, OH 45344-9098
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
—
Audrey Alcorn
Bradley A Sims
Deed
—
Jun 20, 2012
—
Bradley A Sims
Sims Marjorie T Trust
Quit Claim Deed
related
—
Sep 22, 2004
—
Sims Marjorie T Trust
Sims,marjorie T
Affidavit Of Death
related
—
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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