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    340 E Market St Lima, OH 45801

    Picture of Commercial land at E Market St 340, Lima, OH
    For Sale
    $299,000

    COMMERCIAL - Lima, OH

    Lot size:
    1.55 Acres
    Days on Market:
    116
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 340 E Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    37-3107-15.000
    Lot size
    1.55 Acres

    CCR Real Estate LLC (419) 371-3085 [email protected]

    Listing agent Gregory Stolly (419) 302-1890

    Listing date Aug 12, 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 in Downtown Lima

    This commercial land is a corner lot located in Downtown Lima, Ohio. The lot size is 1.55 acres, offering a substantial area for potential development. The property is intended for commercial use, presenting opportunities for various business ventures.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.100993
    Latitude
    40.739995

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    FAQs

    What type of property is this?
    Commercial land - Corner lot suitable for commercial development in downtown Lima, Ohio.
    Where is this commercial land located?
    The property is located at 340 E Market St Lima, OH.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Commercial land; - Corner lot offering great visibility.; - Downtown Lima location
    (419) 302-1890
    Request Owner's contact information
    340 E Market St Lima, OH 45801
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    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
    340 E Market St Lima, OH 45801
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