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    Property profile & analytics

    1060 Bellefontaine Ave Lima, OH 45804-2874

    • Drive through restaurants
    • 2,500 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US66-1647806
    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

    • Pizza Hut / Pizza Restaurant / Pizza Takeout

    Property Details for 1060 Bellefontaine Ave

    Year built
    1985
    Lot size
    0.68 lot acres
    Property size
    2,500 SF
    Property type
    Drive through restaurants
    APN
    37-3211-04-004.000
    APU
    37321104004000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $200,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $270,000
      Mixed-Use
      $215,000
      Hospitality
      $250,000
      Educational
      $205,000
      Residential Income
      $225,000
      Energy
      $245,000
      Income-Based Land
      $250,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.0857
    Latitude
    40.7335
    CBSA code
    30620
    CBSA name
    LIMA, OH 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
    $4,774
    $45,890
    $45,850
    $91,740
    -
    $131,100
    $131,000
    $262,100

    Comparable in this City

    • Value Estimation by Request
      2,704 SF

      1925 Bellefontaine Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,704 SF
      1925 Bellefontaine Rd, Lima, OH 45804-3463
      View Details
    • Value Estimation
      $400,000
      4,672 SF

      1830 Harding Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,672 SF
      1830 Harding Hwy, Lima, OH 45804-3462
      View Details
    • Value Estimation
      $450,000
      2,474 SF

      1945 Bellefontaine Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,474 SF
      1945 Bellefontaine Rd, Lima, OH 45804-3449
      View Details
    • Value Estimation
      $180,000
      1,008 SF

      3505 Bellefontaine Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,008 SF
      3505 Bellefontaine Rd, Lima, OH 45804-4281
      View Details
    • Value Estimation
      $210,000
      2,467 SF

      2020 Harding Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,467 SF
      2020 Harding Hwy, Lima, OH 45804-3420
      View Details
    • Value Estimation
      $1,280,000
      3,104 SF

      1860 Harding Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,104 SF
      1860 Harding Hwy, Lima, OH 45804-3462
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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      Lima Retail Pharmacy - 14,840 SF

      Prime Lima location, high traffic, NNN lease.
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      Lima Retail Property For Sale

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    Similar Nearby for Lease

    • $14 SF/Yr
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      Eastgate Shopping Center Spaces

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    • $15 SF/Yr
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      Retail Space in Lima, Ohio

      Retail space available for lease on Lima's East side.
      1330 Bellefontaine Ave, Lima, OH 45804
      View Details
    • Contact for pricing
      14,840 SF

      Lima Retail Space: 14,840 SF

      High-traffic retail building, prime location.
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      View Details
    • $15 SF/Yr
      6,962 SF

      Eastgate Plaza: Retail Space

      Lima, OH: Prime Retail Opportunity
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      View Details
    • $3,495,000
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      Lima Truck Terminal and Warehouse

      12.37 acre property with two buildings and ample parking.
      3456 Saint Johns Rd, Lima, OH 45804
      View Details
    • $6,194 /Mo

      Versatile Industrial and Office Space

      Adaptable industrial and office space with ample rentable area.
      750 Buckeye Rd, Lima, OH 45804
      View Details

    Property Visit Statistics

    • Visits by month
      2.0k
    • Visitors by month
      1.2k
    • Avg Time on site
      28 min
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    Lima, OH 45804-2874
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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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