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    Property profile & analytics

    1401 Albemarle Rd Springfield, OH 45504

    • Warehouses
    • 2,400 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 04, 2024
    Location Intelligence
    Property ID
    US66-5813661
    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

    • Warehouses

    Property Details for 1401 Albemarle Rd

    Year built
    1906
    Construction
    CONCRETE BLOCKS
    Lot size
    0.14 lot acres
    Property size
    2,400 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    340-06-00005-102-018
    APU
    3400600005102018

    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
    -83.834
    Latitude
    39.9397
    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
    $380
    $1,370
    $3,860
    $5,230
    -
    $3,900
    $11,020
    $14,920

    Comparable in this City

    • Value Estimation
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    • Value Estimation
      $55,000
      1,624 SF

      622 Main St

      MINI-WAREHOUSE, STORAGE • 1,624 SF
      622 Main St, Springfield, OH 45504-2637
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    • Value Estimation
      $305,000
      15,000 SF

      1250 Perry St Ste J

      MINI-WAREHOUSE, STORAGE • 15,000 SF
      1250 Perry St Ste J, Springfield, OH 45504-2300
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    • Value Estimation
      $450,000
      20,856 SF

      105 Thompson Ave

      MINI-WAREHOUSE, STORAGE • 20,856 SF
      105 Thompson Ave, Springfield, OH 45504-2939
      View Details
    • Value Estimation by Request
      0.21 Acres

      3819 Troy Rd

      MINI-WAREHOUSE, STORAGE • 0.21 Acres
      3819 Troy Rd, Springfield, OH 45504
      View Details
    • Value Estimation by Request
      2,576 SF

      1201 Main St

      MINI-WAREHOUSE, STORAGE • 2,576 SF
      1201 Main St, Springfield, OH 45504-2849
      View Details

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    Similar Nearby for Lease

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    1401 Albemarle Rd
    Springfield, OH 45504
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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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