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    1251-53 Cole St N Lima, OH 45801

    For Lease
    $295,000

    COMMERCIAL - Lima, OH

    Property size:
    2,400 SF
    Days on Market:
    339
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1251-53 Cole St N

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    36-2608-01-001.005
    Size
    2,400 SF

    Building Details

    Year built
    1973
    Floors in Building
    1

    Azzarellos Realty (419) 991-3322 [email protected]

    Listing agent Linda Stukey (419) 236-1809

    Listing date Jan 1, 2025

    Copyright © 2025 West Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property in Lima, Ohio

    The property includes two lots and a block building. It features paved parking. A fenced lot may also be available. The property is located in Lima, Ohio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.129015
    Latitude
    40.754308

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    FAQs

    What type of property is this?
    Commercial land - Two lots with a block building and paved parking.
    Where is this commercial land located?
    The property is located at 1251-53 Cole St N Lima, OH.
    What are key features of this property?
    This property features: - Two Lots Included; - Block Building on Property; - Paved Parking
    (419) 236-1809
    Request Owner's contact information
    1251-53 Cole St N Lima, OH 45801
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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
    1251-53 Cole St N Lima, OH 45801
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