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    Property profile & analytics

    24545 Sprague Rd Columbia Station, OH 44028-9601

    • Office buildings
    • 1,110 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $70,000
    Last Sale
    Dec 07, 2022
    $70,000
    Location Intelligence
    Property ID
    US66-1669427
    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

    • Office buildings

    Property Details for 24545 Sprague Rd

    Year built
    1951
    Construction
    FRAME
    Lot size
    0.38 lot acres
    Property size
    1,110 SF
    Property type
    Office buildings
    APN
    12-00-040-101-014
    APU
    1200040101014

    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
    -81.9061
    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
    $1,540
    $5,775
    $19,740
    $25,515
    -
    $16,500
    $56,400
    $72,900

    Comparable in this City

    • Value Estimation
      $380,000
      9,000 SF

      27736 Royalton Rd

      OFFICE BUILDING • 9,000 SF
      27736 Royalton Rd, Columbia Station, OH 44028-9074
      View Details
    • Value Estimation
      $235,000
      3,320 SF

      25070 Royalton Rd

      OFFICE BUILDING • 3,320 SF
      25070 Royalton Rd, Columbia Station, OH 44028-9423
      View Details
    • Value Estimation
      $365,000
      3,072 SF

      25796 Royalton Rd

      OFFICE BUILDING • 3,072 SF
      25796 Royalton Rd, Columbia Station, OH 44028-9441
      View Details
    • Value Estimation
      $265,000
      1,159 SF

      23757 Sprague Rd

      OFFICE BUILDING • 1,159 SF
      23757 Sprague Rd, Columbia Station, OH 44028-9646
      View Details
    • Value Estimation by Request
      1,217 SF

      24959 Royalton Rd

      OFFICE BUILDING • 1,217 SF
      24959 Royalton Rd, Columbia Station, OH 44028-9405
      View Details
    • Value Estimation
      $450,000
      2,520 SF

      25540 Royalton Rd

      OFFICE BUILDING • 2,520 SF
      25540 Royalton Rd, Columbia Station, OH 44028-9441
      View Details

    Similar Nearby for Sale

    • $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
    • $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
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    24545 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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