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    Property profile & analytics

    1150 Franklin St Lima, OH 45804

    • Warehouses
    • 2,352 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 15, 2023
    Location Intelligence
    Property ID
    US66-2637013
    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

    • Warehouses

    Property Details for 1150 Franklin St

    Year built
    1942
    Lot size
    0.28 lot acres
    Property size
    2,352 SF
    Property type
    Warehouses
    APN
    47-0506-06-005.000
    APU
    47050606005000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.0875
    Latitude
    40.7281
    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
    $157
    $980
    $810
    $1,790
    -
    $2,800
    $2,300
    $5,100

    Comparable in this City

    • Value Estimation by Request
      356,950 SF

      400 Hanthorn Rd

      WAREHOUSE, STORAGE • 356,950 SF
      400 Hanthorn Rd, Lima, OH 45804-2460
      View Details
    • Value Estimation
      $490,000
      12,000 SF

      910 Industry Ave

      WAREHOUSE, STORAGE • 12,000 SF
      910 Industry Ave, Lima, OH 45804-4170
      View Details
    • Value Estimation
      $310,000
      2,752 SF

      4150 Bellefontaine Rd

      WAREHOUSE, STORAGE • 2,752 SF
      4150 Bellefontaine Rd, Lima, OH 45804-4292
      View Details
    • Value Estimation
      $765,000
      50,000 SF

      2350 Central Pt Pkwy

      WAREHOUSE, STORAGE • 50,000 SF
      2350 Central Pt Pkwy, Lima, OH 45804-3806
      View Details
    • Value Estimation
      $340,000
      5.58 Acres

      300 Hanthorn Rd

      WAREHOUSE, STORAGE • 5.58 Acres
      300 Hanthorn Rd, Lima, OH 45804-2458
      View Details
    • Value Estimation
      $345,000
      13,990 SF

      4320 Harding Hwy

      WAREHOUSE, STORAGE • 13,990 SF
      4320 Harding Hwy, Lima, OH 45804-3636
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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    • $9 SF/Yr
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    • Contact for pricing
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    1150 Franklin St
    Lima, OH 45804
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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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