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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10360 Market St North Lima, OH 44452-9721

    • Warehouses
    • 9,000 SF
    • 13.88 lot acres
    OFF-MARKET
    Value Estimations
    $605,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2302933
    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

    • Blake's Mini Storage Inc / Storage Facility

    Property Details for 10360 Market St

    Year built
    1991
    Lot size
    13.88 lot acres
    Property size
    9,000 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    05-062-0-006.00-0
    APU
    50620006000

    Description

    This exceptional 10-acre commercial land parcel presents a remarkable investment opportunity in North Lima, Ohio. Strategically located on Market Street, this property boasts 370 feet of frontage, providing unparalleled visibility and accessibility. Its prime location directly adjacent to the I-76 (Ohio Turnpike) ramp ensures high traffic volume and exceptional exposure to a large and diverse customer base. The property's proximity to established businesses adds significant value. Neighboring businesses include Pilot and McDonald's, Steamers, Speedway, and Chalet Premier, with a Love's Travel Stop soon to open. This concentration of retail, restaurants, and lodging creates a vibrant commercial hub, ideal for a wide range of development projects. The property is zoned for commercial use, offering flexibility for various business ventures. Situated in Mahoning County, Ohio, with the address 10360 Market St, North Lima, OH 44452, this property is ready for immediate development. The asking price is $250,000. Don't miss this chance to secure a highly visible and strategically located commercial property in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $419,000
      Market price range: $175k - $419k
      AI Estimate
      $665,000
      Market price range: $213k - $665k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $880,000
      RETAIL STORES
      $820,000
      AUTO REPAIR, GARAGE
      $705,000
      OFFICE BUILDING
      $665,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Lima
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.662
    Latitude
    40.9679
    CBSA code
    49660
    CBSA name
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

    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
    $13,339
    $99,470
    $121,650
    $221,120
    -
    $284,190
    $347,580
    $631,770

    Comparable in this City

    • Value Estimation by Request
      3,980 SF

      11120 Market St

      MINI-WAREHOUSE, STORAGE • 3,980 SF
      11120 Market St, North Lima, OH 44452-9775
      View Details
    • Value Estimation by Request
      22,772 SF

      10876 Market St

      MINI-WAREHOUSE, STORAGE • 22,772 SF
      10876 Market St, North Lima, OH 44452-9508
      View Details
    • Value Estimation by Request
      10,500 SF

      200 Miley Rd

      MINI-WAREHOUSE, STORAGE • 10,500 SF
      200 Miley Rd, North Lima, OH 44452
      View Details
    • Value Estimation by Request
      4,200 SF

      75 Eastgate Industrial Dr

      MINI-WAREHOUSE, STORAGE • 4,200 SF
      75 Eastgate Industrial Dr, North Lima, OH 44452
      View Details
    • Value Estimation by Request
      3,508 SF

      12028 Woodworth Rd

      MINI-WAREHOUSE, STORAGE • 3,508 SF
      12028 Woodworth Rd, North Lima, OH 44452-9543
      View Details
    • Value Estimation by Request
      1,440 SF

      180 Ws Range Rd

      MINI-WAREHOUSE, STORAGE • 1,440 SF
      180 Ws Range Rd, North Lima, OH 44452-9578
      View Details

    Similar Nearby for Sale

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      North Lima Flex Space - $1.5M

      10,600 SF Flex Space; Redevelopment Opportunity.
      10708 Market St, North Lima, OH 44452
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    • $290,110
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      North Lima Commercial Land - 29 Acres

      Prime Ohio development land, excellent access, acreage split possible.
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    • $171,000
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      8.5-Acre Residential Land in Ohio

      Prime residential land near commercial hub.
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    • $285,000
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      North Lima Commercial Land Investment

      2.8 Acres, Prime Commercial Location
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    • $215,000
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      North Lima Duplex with Potential

      Impressive duplex with potential triplex near freeway and shopping.
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    Similar Nearby for Lease

    • $1,500,000
      10,600 SF

      Warehouse/Flex/Retail Space Available

      Versatile 10,600 SF warehouse/flex/retail space near Ohio Turnpike.
      10708 Market St, North Lima, OH 44452
      View Details
    • $9 SF/Yr
      1,500 SF

      Retail Space Available

      1,500 SF retail space available near Ohio Turnpike.
      9215 Market St, North Lima, OH 44452
      View Details
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    10360 Market St
    North Lima, OH 44452-9721
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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