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    Property profile & analytics

    5499 Tremont Ln Springfield, OH 45502-7522

    • Manufacturing properties
    • 27,846 SF
    • 3.81 lot acres
    OFF-MARKET
    Value Estimation
    $655,000
    Last Sale
    Sep 15, 2022
    Location Intelligence
    Property ID
    US66-2178100
    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

    • Turn-All Machine & Gear Co / Machine Shop

    Property Details for 5499 Tremont Ln

    Year built
    1999
    Construction
    STONE
    Lot size
    3.81 lot acres
    Property size
    27,846 SF
    Zone code
    I-1
    Property type
    Manufacturing properties
    APN
    220-03-00034-300-014
    APU
    2200300034300014

    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
    -83.8031
    Latitude
    40.0045
    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
    $22,236
    $29,340
    $302,180
    $331,520
    -
    $83,820
    $863,360
    $947,180

    Comparable in this City

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      4901 Urbana Rd

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      18,425 SF

      6524 Old Clifton Rd

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    • Value Estimation by Request
      1,750,326 SF

      6125 Urbana Rd

      FOUNDRY, INDUSTRIAL PLANT • 1,750,326 SF
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    • Value Estimation by Request
      83,667 SF

      4700 Gtwy Blvd

      MANUFACTURING (LIGHT) • 83,667 SF
      4700 Gtwy Blvd, Springfield, OH 45502-8817
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    • Value Estimation by Request
      175,213 SF

      351 County Line Rd

      FOUNDRY, INDUSTRIAL PLANT • 175,213 SF
      351 County Line Rd, Springfield, OH 45502
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    5499 Tremont Ln
    Springfield, OH 45502-7522
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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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