Bar Property with D5
For Sale
Contact for pricing
10300 Market St, North Lima, OH 44452
Bar and restaurant property with carryout and Sunday sales under a D5 liquor license.
Property Size2,005 SF
Price / SF$139.15
Days on Market265
Property Features for 10300 Market St
General Information
Standard status
Active
Size
2,005 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Platz Realty Group
(501) 269-3827
Listed By:
Don Thomas
(501) 269-3827
Source:
Moodyscre
Added: Dec 9, 2025
Changed: Aug 30
Last Checked: Aug 30 at 8:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platz Realty Group
Investment Insights
Based on property information with market context.
This 2,005-square-foot bar property also supports restaurant use and is accompanied by a D5 liquor license. The license includes carryout and Sunday sales, adding established service options for the operation.
The property is located on SR 7 near a turnpike entrance and exit in North Lima, Ohio. Its position provides access toward Columbiana and Pennsylvania, with the site serving Southern Mahoning County.
The property is located on SR 7 near a turnpike entrance and exit in North Lima, Ohio. Its position provides access toward Columbiana and Pennsylvania, with the site serving Southern Mahoning County.
Key Highlights
- 2,005‑square‑foot bar property with restaurant use
- D5 liquor license included
- Carryout and Sunday sales permitted under the license
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,207
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$424,140
$424.1K
Cap Rate 7%
$302,957
$303.0K
Cap Rate 9%
$235,633
$235.6K
Market Conditions
NOI Build-Up for 2,005 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.1K $15.00/SF
− Vacancy
−$1.8K −$0.90/SF
EGI
$28.3K $14.10/SF
− OpEx
−$7.1K −$3.53/SF
NOI
$21.2K $10.58/SF
Area
Mahoning County, OH
Vacancy
5.98%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$424,140
Cap Rate 7%
$302,957
Cap Rate 9%
$235,633
Alternative Uses
Best Use
Specialty Retail
$303.0K
$265.1K – $353.5K
NOI $21,207 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$378.4K
$331.1K – $441.4K
NOI $26,485 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Hotels & Casinos 38%
SUBWAY
Dining
3,254 visits/mo
0.5 miles
Quality Inn & Suites North Lima - Boardman
Hotels & Casinos
1,068 visits/mo
0.3 miles
Holiday Inn Express Hotel & Suites Youngstown (N. Lima/Boardman)
Hotels & Casinos
774 visits/mo
0.2 miles
Budget Inn
Hotels & Casinos
118 visits/mo
0.3 miles
Demographics for 44452, OH
3,114
Population
1,166
Households
2.7
Avg Household Size
50
Median Age
28%
College-Educated
92%
High-School Grad
13.7 sq mi
ZIP Area
227
Density / Sq Mi
$60,000
Median Household Income
$44,875
Median Earnings
$738
Median Rent
$223,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Five Branches Smokehouse — 10826 Market St, North Lima, OH 44452
- Stagecoach Restaurant — 10300 Market St, North Lima, OH 44452
Frequently Asked Questions
What type of property is this?
Bar & Pub - Bar and restaurant property with carryout and Sunday sales under a D5 liquor license.
Where is this bar & pub located?
The property is located at 10300 Market St North Lima, OH.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 2,005‑square‑foot bar property with restaurant use; D5 liquor license included; Carryout and Sunday sales permitted under the license
