2850 MainSpringfield, OH 45503

  • Hospitality properties
  • 5,800 SF
Off market
$10,750,200 Estimated

Property Details for 2850 Main

Year built
1956
Construction
BRICK
Lot size
1.07 AC
Property size (Sq ft)
5,800 SF
Property type
Hospitality properties
Property subtype
Motels
APN
340-07-00023-407-006
APU
3400700023407006

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,264,105
    6.5%
    $1,166,866
    7%
    $1,083,518
  • Comparable approach

    Method
    Valuation
    Relative Method
    $268,375
    Geo Method
    $268,375
  • Alternative Use

    Use
    Valuation
    Residential
    $1,273,878
    Hospitality
    $1,166,866
    Educational
    $970,819
    Medical
    $1,004,207
    Retail
    $1,510,162
2850 Main, Springfield, Ohio

Location Insight

City
Springfield
County
Clark
State
Ohio
Latitude
39.9241
Longitude
-83.7635
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
$9,670
$51,510
$81,750
$133,260
-
$147,180
$233,560
$380,740

FAQs

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