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    1221 Home Rd Springfield, OH 45503

    Sponsored
    For Sale
    $1,650,000

    2.9 Acres, $1.65M Asking Price

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.9-acre commercial land parcel presents a unique investment opportunity in Springfield, Ohio. Located at 1221 East Home Road, the property boasts a highly desirable location within Clark County, offering significant potential for various commercial developments. The expansive lot size provides ample space for a wide range of projects, from retail centers and office buildings to industrial facilities or other commercial ventures. With its strategic positioning and substantial acreage, this property is well-suited for businesses seeking a prominent presence in a growing market. The asking price is $1,650,000. The property's address is verified as 1221 East Home Road, Springfield, OH 45503, with the associated APN number being 3400700030100057. This is a blank canvas for your next commercial endeavor, offering the flexibility to create a tailored development that meets your specific needs and vision. The property is zoned for commercial use (zoning information should be independently verified). Given its size and location, this land parcel represents a compelling investment opportunity with considerable long-term growth potential. Serious inquiries are encouraged. Further details are available upon request.

    Property Features for 1221 Home Rd

    General Information

    Property type
    Land
    Lot Size
    126,324 SF

    HighLights

    • 2.9‑acre commercial land parcel in Springfield, Ohio.
    • Located at 1221 East Home Road, Clark County.
    • $1,650,000 asking price.
    • Suitable for various commercial developments (retail, office, industrial).
    • APN: 3400700030100057.
    Property Profile Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Dollar General Dollar Store Kenton Elementary School Elementary School

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.7884121
    Latitude
    39.951558

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    FAQs

    What type of property is this?
    Land - 2.9 Acres, $1.65M Asking Price
    Where is this land located?
    The property is located at 1221 Home Rd Springfield, OH.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 2.9-acre commercial land parcel in Springfield, Ohio.; Located at 1221 East Home Road, Clark County.; $1,650,000 asking price.
    (937) 504-6375
    Request Owner's contact information
    1221 Home Rd Springfield, OH 45503
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    Springfield, OH 45503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1221 Home Rd Springfield, OH 45503
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