Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    123-125 Grand Ave Springfield, OH 45505

    • Apartment buildings
    • 3,600 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 15, 2021
    $22,000
    Location Intelligence
    Property ID
    US66-2007997
    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.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 123-125 Grand Ave

    Year built
    1899
    Construction
    FRAME
    Lot size
    0.17 lot acres
    Property size
    3,600 SF
    Property type
    Apartment buildings
    APN
    340-07-00034-416-005
    APU
    3400700034416005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.8088
    Latitude
    39.9114
    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
    $0.00
    $1,430
    $23,470
    $24,900
    -
    $4,080
    $67,060
    $71,140

    Comparable in this City

    • Value Estimation
      $400,000
      1,800 SF

      711 Drexel Ave, Unit 763

      APARTMENT HOUSE (5+ UNITS) • 1,800 SF
      711 Drexel Ave, Springfield, OH 45505-1923
      View Details
    • Value Estimation
      $200,000
      5,160 SF

      1351-1353 Limestone St

      APARTMENT HOUSE (5+ UNITS) • 5,160 SF
      1351-1353 Limestone St, Springfield, OH 45505
      View Details
    • Value Estimation
      $385,000
      1,406 SF

      1828 High St

      APARTMENT HOUSE (5+ UNITS) • 1,406 SF
      1828 High St, Springfield, OH 45505-1226
      View Details
    • Value Estimation by Request
      3,588 SF

      312-314 Ludlow Ave

      APARTMENT HOUSE (5+ UNITS) • 3,588 SF
      312-314 Ludlow Ave, Springfield, OH 45505
      View Details
    • Value Estimation by Request
      2,838 SF

      126 Mulberry St

      APARTMENT HOUSE (5+ UNITS) • 2,838 SF
      126 Mulberry St, Springfield, OH 45505-1988
      View Details
    • Value Estimation by Request
      1,277 SF

      1221 High St

      APARTMENT HOUSE (5+ UNITS) • 1,277 SF
      1221 High St, Springfield, OH 45505-1183
      View Details

    Similar Nearby for Sale

    • $300,000
      3,506 SF

      Springfield Multifamily Income Property

      Six-unit building in Historic District, generating $3,200 monthly income.
      411 S Limestone St, Springfield, OH 45505
      View Details
    • $290,000

      Historic Springfield 6-Unit Apartment

      Six-unit apartment building, strong rental income.
      411 Limestone St, Springfield, OH 45505
      View Details
    • New
      $690,000
      6,468 SF

      Renovated Duplex - Self-Care Beauty Multi-Plex

      Newly renovated duplex transformed into a self-care beauty multi-plex.
      1701 Lexington Ave, Springfield, OH 45505
      View Details
    • New
      $49,900
      1,920 SF

      Spacious Fixer-Upper with Renovation Potential

      Fixer-upper with renovation potential near amenities, schools, and transportation.
      205 E Grand Ave, Springfield, OH 45505
      View Details
    • New
      $189,000
      2,344 SF

      Updated Duplex with High Cap

      Updated duplex generating $2,400 monthly with strong cash flow.
      400 S Arlington Ave, Springfield, OH 45505
      View Details
    • $400,000
      2.00 Acres

      Prime Springfield Commercial Land

      2-Acre Corner Lot, I-70 Visibility
      315 Leffel Ln, Springfield, OH 45505
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      87,120 SF

      315 Leffel Ln

      Land
      315 Leffel Ln, Springfield, OH 45505
      View Details
    • Contact for pricing
      51,257 SF

      Leffel Lane Retail Center Opportunity

      Springfield, OH: 10,860 SF Retail Space Available
      195-205 Leffel Ln, Springfield, OH 45505
      View Details
    • $12 SF/Yr
      27,072 SF

      Springfield Medical Office Building

      Prime Medical Office Space Available
      247 Burnett Rd, Springfield, OH 45505
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    123-125 Grand Ave
    Springfield, OH 45505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.