Payless Self Storage — Sale in Springfield, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Springfield, OH 45502
  • Year built: 1996

Photos

Payless Self Storage — Sale in Springfield, OH, photo 1 of 4
Payless Self Storage — Sale in Springfield, OH, photo 2 of 4
Payless Self Storage — Sale in Springfield, OH, photo 3 of 4
Payless Self Storage — Sale in Springfield, OH, photo 4 of 4

Investment Figures

Cap rate
6.48%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Payless Self Storage in Springfield, Ohio is a large, well-located facility featuring 376 units across 54,438 rentable square feet on nearly six acres. The property maintains strong physical occupancy (92%) and benefits from excellent visibility along Tremont City Road, a corridor with traffic counts exceeding 11,000–15,000 vehicles per day. Investment Highlights: • Strong In-Place Cash Flow • Significant Revenue Upside • High Physical Occupancy of 92% • Large, Well-Located Facility • Strong Long-Term Returns • Favorable Springfield, Ohio Market Fundamentals

Market Context

This commercial property in Springfield, OH is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing commercial property assets. The building dates to 1996. Compare it against other commercial property listings for sale in Springfield, OH — view the full market.

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