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0 3rd St.
Springfield, OH 45503
Development Opportunity · Land For Sale
·
2.63 AC


Investment Highlights
- ±2.6 acres on two contiguous parcels — uncommon in-city scale.
- Springfield's I-70 / US-68 corridor continues to drive industrial and residential demand.
- Dual zoning: RHD (Residential High Density) + Commercial.
Executive Summary
Coldwell Banker Commercial | Heritage is pleased to offer 0 Third Street in Springfield, Ohio — a rare 2.6-acre infill land assemblage inside the city limits.
The property consists of two contiguous parcels with a dual-zoning profile that makes it a credible candidate for residential, commercial, or thoughtful mixed-use redevelopment. One parcel is zoned RHD (Residential High Density); the second is zoned Commercial under the City of Springfield's 2025 Zoning Code. That combination — on 2.6 contiguous acres inside the city — is genuinely scarce and creates real optionality for a redevelopment buyer.
The property is offered as a land sale. An existing ±4,320 SF warehouse currently sits on the site and is treated as a possible teardown — a redevelopment buyer should budget demolition. That said, the structure carries salvage and re-use value to a contractor-buyer (roofing, HVAC, plumbing, electrical, paving, fleet) who can put it back into service for shop, storage, or yard. For that buyer, the listing pricing effectively delivers land at fair market plus a free building.
Highlights:
• ±2.6 acres on two contiguous parcels — uncommon in-city scale.
• Dual zoning: RHD (Residential High Density) + Commercial.
• Existing ±4,320 SF warehouse on site — possible teardown / contractor salvage.
• Direct frontage on Third Street; all city utilities available.
• Springfield's I-70 / US-68 corridor continues to drive industrial and residential demand.
Showings by appointment. Contact Pat Williams at Coldwell Banker Commercial | Heritage, 937.360.9952.
The property consists of two contiguous parcels with a dual-zoning profile that makes it a credible candidate for residential, commercial, or thoughtful mixed-use redevelopment. One parcel is zoned RHD (Residential High Density); the second is zoned Commercial under the City of Springfield's 2025 Zoning Code. That combination — on 2.6 contiguous acres inside the city — is genuinely scarce and creates real optionality for a redevelopment buyer.
The property is offered as a land sale. An existing ±4,320 SF warehouse currently sits on the site and is treated as a possible teardown — a redevelopment buyer should budget demolition. That said, the structure carries salvage and re-use value to a contractor-buyer (roofing, HVAC, plumbing, electrical, paving, fleet) who can put it back into service for shop, storage, or yard. For that buyer, the listing pricing effectively delivers land at fair market plus a free building.
Highlights:
• ±2.6 acres on two contiguous parcels — uncommon in-city scale.
• Dual zoning: RHD (Residential High Density) + Commercial.
• Existing ±4,320 SF warehouse on site — possible teardown / contractor salvage.
• Direct frontage on Third Street; all city utilities available.
• Springfield's I-70 / US-68 corridor continues to drive industrial and residential demand.
Showings by appointment. Contact Pat Williams at Coldwell Banker Commercial | Heritage, 937.360.9952.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.63 AC |
| Property Type | Land | ||
| Zoning | RHD | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.63 AC |
| Zoning | RHD |
1 Lot Available
Lot
| Price | $225,000 | Lot Size | 2.63 AC |
| Price Per AC | $85,551.33 |
| Price | $225,000 |
| Price Per AC | $85,551.33 |
| Lot Size | 2.63 AC |
Property Taxes
| Parcel Number | 34-00700-03641-4002 | Improvements Assessment | $0 |
| Land Assessment | $19,930 | Total Assessment | $19,930 |
Property Taxes
Parcel Number
34-00700-03641-4002
Land Assessment
$19,930
Improvements Assessment
$0
Total Assessment
$19,930
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