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    Property profile & analytics

    24517 Sprague Rd Columbia Station, OH 44028-9601

    • Retail space
    • 2,220 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US66-1633881
    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

    • Retail space

    Property Details for 24517 Sprague Rd

    Year built
    1958
    Lot size
    0.46 lot acres
    Property size
    2,220 SF
    Property type
    Retail space
    APN
    12-00-040-101-060
    APU
    1200040101060

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Columbia Station
    County
    Lorain
    State
    Ohio
    Longitude
    -81.9056
    Latitude
    41.3506
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, 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
    $5,280
    $24,150
    $66,094
    $90,244
    -
    $69,000
    $188,840
    $257,840

    Comparable in this City

    • Value Estimation by Request
      8,355 SF

      27099 Royalton Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,355 SF
      27099 Royalton Rd, Columbia Station, OH 44028-9048
      View Details
    • Value Estimation
      $115,000
      4,000 SF

      24591 Royalton Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      24591 Royalton Rd, Columbia Station, OH 44028-9054
      View Details
    • Value Estimation
      $380,000
      6,840 SF

      26966 Royalton Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,840 SF
      26966 Royalton Rd, Columbia Station, OH 44028-9758
      View Details
    • Value Estimation by Request
      1,496 SF

      23845 Sprague Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,496 SF
      23845 Sprague Rd, Columbia Station, OH 44028-9606
      View Details
    • Value Estimation by Request
      6,860 SF

      14139 Sta Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,860 SF
      14139 Sta Rd, Columbia Station, OH 44028-9760
      View Details
    • Value Estimation
      $335,000
      2,421 SF

      26602 Royalton Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,421 SF
      26602 Royalton Rd, Columbia Station, OH 44028-9455
      View Details

    Similar Nearby for Sale

    • $980,000
      66.44 Acres

      66.44 Acres Land For Sale

      66.44+- acres of land in Columbia Station, Ohio.
      Cowley Rd, Columbia Station, OH 44028
      View Details
    • $299,000
      6.01 Acres

      Residential Lot in Columbia Station

      6-acre residential lot with utilities available in rural Columbia Station.
      34645 Dye Rd, Columbia Station, OH 44028
      View Details
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    24517 Sprague Rd
    Columbia Station, OH 44028-9601
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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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