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    Property profile & analytics

    1601 Main St Springfield, OH 45504-2869

    • Apartment buildings
    • 2,028 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 09, 2023
    $6,500
    Location Intelligence
    Property ID
    US66-0005332
    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 1601 Main St

    Year built
    1886
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    2,028 SF
    Property type
    Apartment buildings
    APN
    340-06-00010-206-009
    APU
    3400600010206009

    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
    -83.8372
    Latitude
    39.9257
    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
    $3,761
    $2,220
    $5,870
    $8,090
    -
    $6,340
    $16,760
    $23,100

    Comparable in this City

    • Value Estimation by Request
      1,472 SF

      40 Cassilly St, Unit 42

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      40 Cassilly St, Springfield, OH 45504-2210
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    • Value Estimation by Request
      2,870 SF

      502-504 Park Pl

      APARTMENT HOUSE (5+ UNITS) • 2,870 SF
      502-504 Park Pl, Springfield, OH 45504
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    • Value Estimation by Request
      4,973 SF

      22-24 College Ave

      APARTMENT HOUSE (5+ UNITS) • 4,973 SF
      22-24 College Ave, Springfield, OH 45504
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    • Value Estimation
      $90,000
      4,032 SF

      824 Columbia St, Unit 830

      APARTMENT HOUSE (5+ UNITS) • 4,032 SF
      824 Columbia St, Springfield, OH 45504-2736
      View Details
    • Value Estimation
      $200,000
      2,912 SF

      23-25 Mc Creight Ave

      APARTMENT HOUSE (5+ UNITS) • 2,912 SF
      23-25 Mc Creight Ave, Springfield, OH 45504
      View Details
    • Value Estimation by Request
      4,316 SF

      1005-1009 Broadway St

      APARTMENT HOUSE (5+ UNITS) • 4,316 SF
      1005-1009 Broadway St, Springfield, OH 45504
      View Details

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    Similar Nearby for Lease

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      19,727 SF

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      Retail spaces available near major retailers and a hospital.
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    • $22 SF/Yr
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      Retail Space Available For Lease

      Retail space available for lease in Springfield, OH.
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      Remaining 396,314 SF warehouse space with full HVAC.
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      215,113 SF

      Springfield Retail Center Investment Opportunity

      Prime Springfield retail space, 10,500 sq ft available.
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    1601 Main St
    Springfield, OH 45504-2869
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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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