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    309 Cole St N Lima, OH 45801

    For Sale
    $197,500

    COMMERCIAL - Lima, OH

    Days on Market:
    339
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 309 Cole St N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    xxxx

    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 Land on St Rt 309

    Multiple lots are available for purchase on State Route 309 and North Cole Street in Lima, Ohio. The property consists of nine lots priced at $197,500 each, and one lot priced at $297,500. The tax amount will be determined.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jan's Family Bookstore Book Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.127863
    Latitude
    40.743181

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    FAQs

    What type of property is this?
    Commercial land - Multiple commercial lots available on State Route 309 in Lima.
    Where is this commercial land located?
    The property is located at 309 Cole St N Lima, OH.
    What is the asking price?
    The asking price for this property is $197,500.
    What are key features of this property?
    This property features: - Prime location on State Route 309 and North Cole Street.; - Multiple lots available (9 lots at $197,500 each).; - Additional single lot on State Route 309 ($297,500).
    (419) 236-1809
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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
    309 Cole St N Lima, OH 45801
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