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    215 Lima St Forest, OH 45843

    • Drive through restaurants
    • 1,161 SF
    • 0.23 lot acres
    For Sale
    View listing
    $300,000
    Value Estimation
    Last Sale
    Dec 16, 2024
    Location Intelligence
    Property ID
    US66-4855299
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 215 Lima St

    Year built
    1955
    Lot size
    0.23 lot acres
    Property size
    1,161 SF
    Property type
    Drive through restaurants
    APN
    23-120010.0000
    APU
    231200100000

    Description

    This exceptional commercial property located at 215 Lima St., Forest, Ohio 45843, presents a unique investment opportunity. Priced at $300,000, this 15,000 square foot office building is currently set up as a fully operational pizza restaurant, complete with all necessary equipment. The turnkey operation includes a convenient drive-thru window, seating for 10-20 patrons inside, and a comprehensive array of commercial kitchen equipment. This equipment list encompasses an auto-fry deep fryer, a double-deck oven, a commercial dough mixer, ample freezers and coolers, and extensive prep tables. A detailed inventory of the included equipment is available upon request. The property's prime location in Forest, Ohio, offers significant potential for continued success in the food service industry or adaptation for other commercial uses. This is an ideal opportunity for an entrepreneur seeking a ready-to-run business or an investor looking for a strong return. The property is situated at 40.801508 latitude and -83.5096812 longitude in Forest, Ohio, within county 39065. Serious inquiries are encouraged to explore this promising venture.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forest
    County
    Hardin
    State
    Ohio
    Longitude
    -83.5097
    Latitude
    40.8015

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $541
    $2,280
    $7,910
    $10,190
    -
    $6,510
    $22,600
    $29,110

    Comparable in this City

    • Value Estimation by Request
      670 SF

      101 Lima St

      DRIVE-THRU RESTAURANT, FAST FOOD • 670 SF
      101 Lima St, Forest, OH 45843
      View Details
    • Value Estimation by Request
      2,334 SF

      18753 County Rd 304

      RESTAURANT • 2,334 SF
      18753 County Rd 304, Forest, OH 45843-8880
      View Details
    • Value Estimation by Request
      4,179 SF

      128 Lima St

      BAR, TAVERN • 4,179 SF
      128 Lima St, Forest, OH 45843-1116
      View Details
    • Value Estimation by Request
      0.03 Acres

      114-116 Lima

      RETAIL STORES (PERSONAL SERVICES) • 0.03 Acres
      114-116 Lima, Forest, OH 45843
      View Details
    • Value Estimation by Request
      3,800 SF

      126 Lima St

      RETAIL STORES (PERSONAL SERVICES) • 3,800 SF
      126 Lima St, Forest, OH 45843-1116
      View Details
    • Value Estimation by Request
      2,520 SF

      109 Lima St

      RETAIL STORES (PERSONAL SERVICES) • 2,520 SF
      109 Lima St, Forest, OH 45843-1127
      View Details

    Similar Nearby for Sale

    • $300,000
      15,000 SF

      Forest, Ohio Office Building

      Turnkey Pizza Business, 15,000 SF
      215 Lima St, Forest, OH 45843
      View Details
    • Contact for pricing

      Land Parcel in Forest

      Land for sale in Forest, Ohio.
      S Patterson St, Forest, OH 45843
      View Details
    • $99,000
      10.10 Acres

      Productive Vacant Land Parcel

      10.1 acres of tillable land in Forest, Ohio.
      Township Road 64, Forest, OH 45843
      View Details
    • Contact for pricing

      Land Lot in Forest

      Land lot available in Forest, Ohio.
      S Davis St, Forest, OH 45843
      View Details
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    215 Lima St
    Forest, OH 45843
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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
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