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20 N Zischler St

60,500 SF 100% Leased Industrial Building Springfield, OH 45504 $1,950,000 ($32/SF) 8.25% Cap Rate

Investment Highlights

  • Well Below Market Lease Rates
  • Large Outside Storage
  • Cap Rate: 8.25%
  • 10-Ton Crane
  • 10-year Lease - Just Signed
  • Annual Taxes = $19,075.92 & Property Insurance: $10,886

Executive Summary

Annual Taxes: $19,075.92
Property Insurance: $10,886

Property Facts

Price $1,950,000
Price Per SF $32
Sale Type Investment
Cap Rate 8.25%
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 2.38 AC
Rentable Building Area 60,500 SF
No. Stories 1
Year Built 1940
Parking Ratio 0.99/1,000 SF
Clear Ceiling Height 30 FT
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 6

Utilities

  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 34-00600-00532-5001
  • 34-00600-00532-4001
  • 34-00600-00532-5025
  • 34-00600-00532-5023
  • 34-00600-00532-4002
Land Assessment
$84,590
Improvements Assessment
$178,300
Total Assessment
$262,890
  • Listing ID: 33511943

  • Date on Market: 10/14/2024

  • Last Updated:

  • Address: 20 N Zischler St, Springfield, OH 45504

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