1221 Home Rd Springfield, OH 45503-2727
Property Lookup
Property profile & analytics
1221 Home Rd Springfield, OH 45503-2727
- Retail space
- 9,020 SF
- 1.14 lot acres
Property ID
US66-4493950
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Western Union / Bank / Credit Union
- Dollar General / Discount Store
- Kenton Elementary School / High School
Property Details for 1221 Home Rd
- Year built
- 2013
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.14 lot acres
- Property size
- 9,020 SF
- Property type
- Retail space
- APN
- 340-07-00030-100-049
- APU
- 3400700030100049
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $590,000
- 6.5%
- $545,000
- 7%
- $505,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $841,000
Market price range: $315k - $842k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $610,000 Current use
- OFFICE BUILDING
- $835,000 Change: +37% Conversion: Easy
- MEDICAL BUILDING
- $685,000 Change: +12% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $670,000 Change: +10% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $650,000 Change: +7% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $565,000 Change: -8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.7883
- Latitude
- 39.9516
- 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
$16,873
$73,000
$159,530
$232,530
-
$208,560
$455,800
$664,360
