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    Property profile & analytics

    Spg St Sparta, OH 43350

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Spg St

    Property type
    Land

    Description

    This 0.59-acre (+/-) lot, located at 0 Spring Street in the Village of Sparta, Ohio, presents a unique investment opportunity. The property encompasses 25,700.4 square feet and is being sold "AS-IS WHERE-IS," contingent upon court approval. Potential buyers should be aware that a lawsuit has been filed against the previous owner concerning back taxes and unpaid utility bills. Furthermore, underground gas tanks on the property require remediation to meet current Ohio oil and gas regulations. Due diligence is strongly recommended to assess the necessary compliance work. The sale price is $19,999. This property is situated in Morrow County, Ohio, with a zip code of 43350. The geographic coordinates are latitude 40.3951433 and longitude -82.6993023. Given the legal and environmental considerations, this property is best suited for buyers with experience in handling properties requiring significant remediation and legal clearance. All information provided is based on available records and ongoing investigation into the property's compliance status. Prospective buyers are urged to conduct their own thorough due diligence before making an offer. The sale is subject to court approval.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    Morrow
    State
    Ohio
    Longitude
    -82.6993
    Latitude
    40.3951

    Comparable in this City

    • Value Estimation by Request
      1,376 SF

      5 Church St

      MINI-WAREHOUSE, STORAGE • 1,376 SF
      5 Church St, Sparta, OH 43350
      View Details
    • Value Estimation by Request
      930 SF

      8 Main St

      RETAIL STORES (PERSONAL SERVICES) • 930 SF
      8 Main St, Sparta, OH 43350-9700
      View Details
    • Value Estimation by Request
      630 SF

      5 Main St

      MINI-WAREHOUSE, STORAGE • 630 SF
      5 Main St, Sparta, OH 43350
      View Details
    • Value Estimation
      $70,000
      3,630 SF

      7 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,630 SF
      7 Main St, Sparta, OH 43350-2504
      View Details
    • Value Estimation
      $190,000
      2,348 SF

      6530 Rt 229th St

      RETAIL STORES (PERSONAL SERVICES) • 2,348 SF
      6530 Rt 229th St, Sparta, OH 43350
      View Details
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    Spg St
    Sparta, OH 43350
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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
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