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    Property profile & analytics

    715 Villa Rd, Unit 745 Springfield, OH 45503-1381

    • Garden apartment buildings
    • 59,600 SF
    • 5.91 lot acres
    OFF-MARKET
    Value Estimation
    $995,000
    Location Intelligence
    Property ID
    US66-6299165
    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

    • Garden apartment buildings

    Property Details for 715 Villa Rd

    Year built
    1992
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.91 lot acres
    Property size
    59,600 SF
    Property type
    Garden apartment buildings
    APN
    340-03-00025-100-082
    APU
    3400300025100082

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $915,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,235,000
      6.5%
      $1,310,000
      7%
      $1,415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,380,000
      Geo Method
      $1,345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,330,000
      Retail
      $1,640,000
      Mixed-Use
      $1,470,000
      Hospitality
      $1,185,000
      Educational
      $1,650,000
      Residential Income
      $1,430,000
      Energy
      $1,260,000
      Income-Based Land
      $1,330,000
      Food Service
      $1,190,000

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.7894
    Latitude
    39.966
    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
    $104,472
    $202,730
    $1,237,030
    $1,439,760
    -
    $579,240
    $3,534,360
    $4,113,600

    Comparable in this City

    • Value Estimation by Request
      11,424 SF

      2550 Limestone St

      GARDEN APT, COURT APT (5+ UNITS) • 11,424 SF
      2550 Limestone St, Springfield, OH 45503-1196
      View Details
    • Value Estimation
      $960,000
      10,422 SF

      Ridgewood E Rd

      GARDEN APT, COURT APT (5+ UNITS) • 10,422 SF
      Ridgewood E Rd, Springfield, OH 45503
      View Details
    • Value Estimation
      $185,000
      2,720 SF

      1806 Limestone St

      GARDEN APT, COURT APT (5+ UNITS) • 2,720 SF
      1806 Limestone St, Springfield, OH 45503-2651
      View Details
    • Value Estimation
      $680,000
      53,673 SF

      337 Chestnut Ave

      GARDEN APT, COURT APT (5+ UNITS) • 53,673 SF
      337 Chestnut Ave, Springfield, OH 45503-4100
      View Details
    • Value Estimation by Request
      15,308 SF

      304 Mt Vernon Ave

      GARDEN APT, COURT APT (5+ UNITS) • 15,308 SF
      304 Mt Vernon Ave, Springfield, OH 45503
      View Details
    • Value Estimation
      $330,000
      3,660 SF

      3180 El Camino Dr, Unit 3190

      GARDEN APT, COURT APT (5+ UNITS) • 3,660 SF
      3180 El Camino Dr, Springfield, OH 45503-1318
      View Details

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    Similar Nearby for Lease

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      Retail Space in Springfield, OH

      Retail space available for lease in Springfield, Ohio.
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      Springfield Medical Office Opportunity

      10,296 SF Medical Office Space Available
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      View Details
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    715 Villa Rd, Unit 745
    Springfield, OH 45503-1381
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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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