Financial
Distress signals
Property profile

429 S Limestone St Springfield, OH 45505

FOR SALE
Retail space
Property ID
US66-2573215
1,872 SF 0.56 ac lot Built 1950
Last sale Sep 2012 · $28,800
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
429 S Limestone St, Springfield, OH 45505 For Sale
$310,000 1,872 SF
429 S Limestone St, Springfield, OH 45505
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Property summary

AI-generated overview

This corner-lot property is located at the intersection of S. Limestone St, West Pleasant St, Spring St, and Selma Road. The site includes two driveways for vehicle access and a total of 1,872 square feet of enclosed space configured with two bays, a large office area, a medium-sized storage room, and one bathroom, with the plumbing and layout potentially suited for adding a second bathroom. The property was historically used as a car lot.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$499
Tax billed · 2023
Assessed value$7k
Assessed land$4k
Assessed improvement$3k
Effective rate7.25%

Value estimate

· Sep 2026
$80k
$72k – $88k
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$1k
Operating expenses−$3k
NOI · 2.48% cap applied$8k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$59/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$27 – $80
Qualifying comparables10

Cap rate analysis

How does the asset earn?
2.48%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.1
Spa & Massage11.7
Skin Care Clinic10.9

Location

429 S Limestone St Springfield, OH 45505
County assessor Recorded deeds · 2 transfers 10 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2214 Lexington, Springfield, OH 45505-2441 $18,000 May 2024 1,440 SF
748 Selma, Springfield, OH 45505 $100,000 Jul 2023 1,508 SF
1920 Kenton, Springfield, OH 45505-3308 $45,000 Mar 2023 2,100 SF
902 Selma, Springfield, OH 45505-3102 $90,000 Dec 2022 2,100 SF
2521 High, Springfield, OH 45505-1410 $60,000 Jun 2022 2,052 SF
401 Limestone, Springfield, OH 45505-1911 $90,000 Dec 2021 2,293 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
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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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