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Property profile & analytics
OFF-MARKET
Retail space
1028 Market St Lima, OH 45805-2730
Entity Owned
2-yr Hold
Property ID
US66-1675229
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1879
Total area
3,418 SF
Lot
0.48 ac (20,691 SF)
APN
36-3607-03-032.000
UPID
US66-1675229
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lima Symphony Orchestra Theater & Performing Art Venue Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jameson Real Estate LLC · 2 yrs held
Jameson Real Estate LLC
since 2023
Last sale
$137,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lima submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,585
Tax year 2023
Assessed value
$68,880
Assessed 2023
Previous assessed
$68,880
+0.0% YoY
Effective rate
5.20%
On assessed value
Assessed land
$10,150
Assessed improvement
$58,730
Land market value
$29,000
Improvement market value
$167,800
Total market value
$196,800
Applied tax rate
206.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1879
Heating
YES
Cooling
CENTRAL
Stories
2
Rooms
8
Bathrooms
2
Total area
3,418 SF
Lot
0.48 ac (20,691 SF)
APN
36-3607-03-032.000
UPID
US66-1675229
Jurisdiction
ALLEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1879
Heating
YES
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
Jameson Real Estate LLC
Entity
Mailing address
1028 W MARKET ST, LIMA, OH 45805-2730
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2023
$427,500
Jameson Real Estate LLC
Shannon Wannemacher
Quit Claim Deed
related
—
Jul 11, 2023
—
Shannon Wannemacher
1028 West Market LLC
Quit Claim Deed
related
—
Jul 19, 2016
—
1028 West Market LLC
—
Deed
related
$392,700 · Superior Cu
Dec 22, 2014
—
1028 West Market LLC
Wannemacher,andrew T
Grant Deed
related
$125,800 · First Fin'l Bk&tr
Jan 31, 2014
$137,000
Wannemacher,andrew T
Miller,edward S & Helen E
Warranty Deed
$109,600 · First Fed'l Bk/the Midwest
Oct 5, 2012
$115,000
Edward S Miller
Hux,perry M
Warranty Deed
$105,311 · J P Morgan Chase Bank
—
—
1028 West Market LLC
—
Deed Of Trust
related
$392,700 · Superior Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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