2301 Duquesne DrSpringfield, OH 45506

  • Commercial land
  • 8.72 AC
For Sale
$242,000 View listing

Property Details for 2301 Duquesne Dr

Lot size
8.72 AC
Zone code
R-1
Property type
Commercial land
APN
300-06-00003-314-011
APU
3000600003314011

Description

This exceptional 8.72-acre parcel, located at 2301 Duquesne Drive in Springfield, Ohio, presents a compelling investment opportunity. The property, encompassing 379,843.2 square feet, is currently zoned R-1 within Springfield Township. A significant advantage lies in its proximity to adjacent parcels zoned O-2 and R-5, opening doors to potential rezoning and a wider range of development possibilities. The site boasts a substantial paved pad, a legacy of previous commercial use, providing a ready-made foundation for various projects, minimizing initial site preparation costs. This feature significantly reduces the time and expense associated with groundworks, making it attractive to developers seeking a swift project commencement. Furthermore, the property benefits from its location on a township-maintained road, ensuring convenient access and consistent upkeep of the surrounding infrastructure. The asking price for this strategically located and well-prepared land is $242,000. This property's combination of size, zoning potential, existing infrastructure, and convenient location makes it an attractive proposition for developers and investors seeking a foothold in the Springfield, Ohio market. The zip code is 45506.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $148,272,000
    Retail / Commercial
    $76,394,600
    Mixed-Use / Specialty
    $76,407,200
    Hospitality / Lodging
    $56,428,500
    Office
    $76,250,000
    Institutional / Educational
    $79,534,500
    Residential Income
    $93,055,400
    Multifamily
    $110,026,000
    Automotive / Energy
    $68,172,400
    Parking / Income-Based Land
    $23,244,000
    Restaurant / Food Service
    $40,348,100
    Healthcare / Senior Housing
    $78,061,900

Location Insight

City
Springfield
County
Clark
State
Ohio
Latitude
39.8984
Longitude
-83.8392
CBSA code
44220
CBSA name
SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$7,630
-
$7,630
-
$21,800
-
$21,800

FAQs

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