3475 MechanicsburgSpringfield, OH 45502

  • Retail properties
  • 2,800 SF
For Sale
$345,000 View listing

Property Details for 3475 Mechanicsburg

Year built
1900
Lot size
1.00 AC
Property size (Sq ft)
2,800 SF
Zone code
A-1
Property type
Retail properties
Property subtype
Turn key restaurants
APN
220-03-00014-000-003
APU
2200300014000003

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $789,798
    6.5%
    $729,044
    7%
    $676,969
  • Comparable approach

    Method
    Valuation
    Relative Method
    $138,933
    Geo Method
    $138,933
  • Alternative Use

    Use
    Valuation
    Residential
    $614,976
    Hospitality
    $563,315
    Educational
    $468,671
    Medical
    $484,789
    Retail
    $729,044
3475 Mechanicsburg, Springfield, Ohio

Location Insight

City
Springfield
County
Clark
State
Ohio
Latitude
39.9721
Longitude
-83.7546
CBSA code
44220
CBSA name
SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $28,040
  • Assessed land value
    $12,250
  • Assessed value
    $40,290
  • Tax year
    2023
  • Tax bill
    $2,702

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