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    Property profile & analytics

    1600 Progress Rd Springfield, OH 45505-4467

    • Warehouses
    • 8,400 SF
    • 2.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-3987161
    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 1600 Progress Rd

    Year built
    2020
    Construction
    METAL FRAME
    Lot size
    2.08 lot acres
    Property size
    8,400 SF
    Property type
    Warehouses
    APN
    330-07-00027-406-007
    APU
    3300700027406007

    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
    -83.7865
    Latitude
    39.8983
    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
    $31,710
    $44,840
    $76,550
    -
    $90,600
    $128,110
    $218,710

    Comparable in this City

    • Value Estimation by Request
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      16,101 SF

      Section St

      MINI-WAREHOUSE, STORAGE • 16,101 SF
      Section St, Springfield, OH 45505
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    • Value Estimation
      $375,000
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      2800 Limestone St

      MINI-WAREHOUSE, STORAGE • 9,792 SF
      2800 Limestone St, Springfield, OH 45505-5020
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      $80,000
      2,160 SF

      642 Belmont Ave

      WAREHOUSE, STORAGE • 2,160 SF
      642 Belmont Ave, Springfield, OH 45505
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    • Value Estimation by Request
      55,600 SF

      1120 Burnett Rd

      WAREHOUSE, STORAGE • 55,600 SF
      1120 Burnett Rd, Springfield, OH 45505-3408
      View Details
    • Value Estimation
      $540,000
      65,472 SF

      625 Burt St

      WAREHOUSE, STORAGE • 65,472 SF
      625 Burt St, Springfield, OH 45505-3266
      View Details

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    • $600,000
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      Industrial Property in Springfield, OH

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    • New
      $124,900
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    Similar Nearby for Lease

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      Land
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      51,257 SF

      Leffel Lane Retail Center Opportunity

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    1600 Progress Rd
    Springfield, OH 45505-4467
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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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