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Property profile & analytics
OFF-MARKET Estimated value $660,000
Retail space

550 Main St Springboro, OH 45066-7520

4,400 SF 1.53 ac lot Built 2008
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US66-5746523
Property summary
AI-generated overview

This exceptional single-tenant office building, totaling 3,177 square feet, presents a fantastic opportunity in Springboro, Ohio. Located at 550 N Main St, 45066, this one-story, Class B building boasts 27 parking spaces and is conveniently situated along Main Street (Route 741), offering excellent visibility and accessibility. Built in 2008, the property sits on a 1.53-acre lot (APN 4081000470) and is zoned for office use. The building's 4,400 total square feet includes 3,177 square feet of vacant space, perfect for a variety of businesses. Amenities include a conference room, community kitchen, ample storage, and multiple bathrooms. The property is ADA compliant and strategically located near key landmarks such as Austin Landing and Kettering Health, with easy access to I-75. Property taxes are $2.80 per square foot. While there are no elevators, the building's single-story design ensures convenient access. The price is negotiable depending on lease terms and tenant improvement requirements. This is a rare opportunity to secure a well-maintained, centrally located office space in a highly desirable area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction BRICK
Total area 4,400 SF
Lot 1.53 ac (66,647 SF)
APN 04-08-100-047-0
UPID US66-5746523
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
  • Clearcreek Reserve Housing Development
  • Midwestern Wealth Management Financial Advisor
  • Will Bach - Raymond James Financial Advisor
  • A Mother's Touch Healing and Therapeutics LLC Alternative Medicine Practice Spa & Massage Center
  • Toni J. Muhovich, MDiv Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$660k
Comparable Approach Comparable
$767k
Blend (final) Blend
$660k
Owner & transaction history
Menrisky Investments LLC · 12 yrs held
Menrisky Investments LLC
since 2013
5 recorded transactions
2013
Price N/A
2007
$250,000
2005
$435,533
2004
$425,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.1M +68.2%
Office building $760,000 +20.0%
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