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    1275-77 Cole St N Lima, OH 45801

    For Lease
    $675,000

    COMMERCIAL - Lima, OH

    Property size:
    13,000 SF
    Days on Market:
    345
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 1275-77 Cole St N

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    36-2608-01-004.000
    Interior features
    Overhead Door
    Size
    13,000 SF

    Utilities

    Heating system
    Forced Air, Electric (Heating), Natural Gas, Baseboard
    Cooling system
    Central Air

    Building Details

    Year built
    1975
    Floors in Building
    1
    Building materials
    Brick

    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 Building in Lima, Ohio

    This commercial property in Lima, Ohio, features an approximately 13,000 square foot brick building. The building has a roof that was replaced around 2011. The central air and heating units were replaced between 2014 and 2020. Paved parking is available. The property is located in Lima, Ohio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -84.128299
    Latitude
    40.754594

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    FAQs

    What type of property is this?
    Office building - Approximately 13,000 sq ft brick building in Lima, Ohio.
    Where is this office building located?
    The property is located at 1275-77 Cole St N Lima, OH.
    What are key features of this property?
    This property features: - High-traffic location, Location - Location - Location; - Substantial 13,000 sq. ft. brick building; - Relatively new roof (approx. 2011)
    (419) 236-1809
    Request Owner's contact information
    1275-77 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
    1275-77 Cole St N Lima, OH 45801
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