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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Schools
815 Limestone St Springfield, OH 45503
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-0148619
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1894
Construction
FRAME
Total area
2,180 SF
Lot
0.27 ac (11,616 SF)
APN
340-07-00035-110-037
UPID
US66-0148619
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.75M
Owner & transaction history
Cliff Park High School · 2 yrs held
Cliff Park High School
since 2024
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
$1,750,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.75M (May 29 2024)
Last sale anchor
$1.75M
May 29 2024
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
$803 / 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
Assessed value
$8,800
Assessed 2023
Previous assessed
$8,800
+0.0% YoY
Assessed land
$8,020
Assessed improvement
$780
Land market value
$22,920
Improvement market value
$2,230
Total market value
$25,150
Applied tax rate
340.0000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1894
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
8
Bathrooms
1
Total area
2,180 SF
Lot
0.27 ac (11,616 SF)
APN
340-07-00035-110-037
UPID
US66-0148619
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
Building & site characteristics
From public records
Year built
1894
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Cliff Park High School
Individual
Mailing address
821 N LIMESTONE ST, SPRINGFIELD, OH 45503-3609
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2024
$1,750,000
Cliff Park High School
Steven C Bruce
Warranty Deed
—
Jun 11, 2018
—
Steven C Bruce
—
Deed
related
$950,000 · New Carlisle Fsb
Sep 14, 2017
$80,000
Steven C Bruce
Muller,robert & Cynthia
Warranty Deed
$80,000 · New Carlisle Fsb
May 9, 2016
—
Robert H Muller
—
Deed
related
$125,000 · Home Cty Fsb/springfield
Mar 3, 2015
$61,900
Robert Muller
Steele Rita C
Warranty Deed
—
Jul 11, 2011
$82,500
Ann M Amlin
Steele,rita C
Dual Purpose Document
$75,000 · Rita C Steele
Sep 1, 2010
—
Rita C Steele
Steele,robert L
Affidavit Of Death
related
—
Sep 10, 2002
$123,400
Robert Steele
Her Investments
Grant Deed
$98,720 · National City Bank
Aug 22, 2001
$130,000
Her Investments Ltd
Her INC
Grant Deed
related
$6,934,453 · Fifth Third Bank
Jun 28, 2000
$140,000
Her INC
Flack,faye M & Sanford H
Grant Deed
—
—
—
Robert Muller
—
Deed Of Trust
related
$50,000 · Home Cty Fsb/springfield
—
—
Robert H Muller
—
Deed Of Trust
related
$125,000 · Home Cty Fsb/springfield
—
—
Steven C Bruce
—
Deed Of Trust
related
$950,000 · New Carlisle Fsb
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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