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    Property profile & analytics

    1440 Bellefontaine Ave Lima, OH 45804-3111

    • Office buildings
    • 17,739 SF
    • 4.33 lot acres
    OFF-MARKET
    Value Estimation
    $1,185,000
    Last Sale
    Oct 29, 2024
    $1,185,000
    Location Intelligence
    Property ID
    US66-1622776
    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

    • MaxxBox Portable Storage / Self-Storage Facility / Container Service
    • RollAwayz / Waste Management Service
    • UAW Cap Council Lima-Troy / Labor Union
    • UAW Local 2147 / Labor Union
    • UAW Local 975 / Labor Union

    Property Details for 1440 Bellefontaine Ave

    Year built
    1961
    Lot size
    4.33 lot acres
    Property size
    17,739 SF
    Property type
    Office buildings
    APN
    47-0500-01-009.000
    APU
    47050001009000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,255,000
      6.5%
      $1,145,000
      7%
      $1,165,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,310,000
      Geo Method
      $1,165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,025,000
      Retail
      $1,070,000
      Mixed-Use
      $1,115,000
      Hospitality
      $1,370,000
      Educational
      $1,035,000
      Residential Income
      $1,315,000
      Energy
      $1,110,000
      Income-Based Land
      $1,015,000
      Food Service
      $1,075,000

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.0768
    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
    $10,577
    $66,680
    $106,190
    $172,870
    -
    $190,500
    $303,400
    $493,900

    Comparable in this City

    • Value Estimation
      $305,000
      1,464 SF

      2060 Harding Hwy

      OFFICE BUILDING (MULTI-STORY) • 1,464 SF
      2060 Harding Hwy, Lima, OH 45804-3420
      View Details
    • Value Estimation by Request
      11,101 SF

      440 Main St

      OFFICE BUILDING (MULTI-STORY) • 11,101 SF
      440 Main St, Lima, OH 45804-1238
      View Details
    • Value Estimation
      $410,000
      3,000 SF

      2045 Heather Rd

      OFFICE BUILDING (MULTI-STORY) • 3,000 SF
      2045 Heather Rd, Lima, OH 45804-2976
      View Details
    • Value Estimation
      $100,000
      4,600 SF

      628 Main St

      OFFICE BUILDING (MULTI-STORY) • 4,600 SF
      628 Main St, Lima, OH 45804-1242
      View Details
    • Value Estimation
      $220,000
      1,152 SF

      3031 Harding Hwy

      OFFICE BUILDING (MULTI-STORY) • 1,152 SF
      3031 Harding Hwy, Lima, OH 45804-3509
      View Details
    • Value Estimation
      $200,000
      1,325 SF

      2468 Saint Johns Rd

      OFFICE BUILDING (MULTI-STORY) • 1,325 SF
      2468 Saint Johns Rd, Lima, OH 45804-4003
      View Details

    Similar Nearby for Sale

    • $695,000
      2,226 SF

      Lima Office Building For Sale

      Office building for sale on 0.5 acres.
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    • $1,200,000
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      Harding Hwy Commercial Property

      Lima, OH retail investment opportunity.
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    • $1,200,000
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      Commercial Land in Lima, Ohio

      Commercial land available for sale in Lima, Ohio.
      1327 Bellefontaine Ave, Lima, OH 45804
      View Details
    • $4,000,000
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      Lima, OH Walgreens Investment Property

      Investment-grade Walgreens with drive-thru and zero landlord responsibilities.
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      Land For Sale

      Land available for sale on Industry Ave, Lima, OH.
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      Commercial Land Near I-75

      Prime commercial land with easy access to I-75.
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    Similar Nearby for Lease

    • $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
    • $4,000 /Mo
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      Commercial Office and Light Industrial

      7,000 SF commercial space with secure lot for lease.
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    • $1,100 /Mo
      1,000 SF

      Lima Office Space For Rent

      Office space available for lease in Lima, Ohio.
      1012 Bellefontaine Ave, Lima, OH 45804
      View Details
    • $14 SF/Yr
      24,000 SF

      Eastgate Shopping Center Spaces

      Lima, OH retail spaces available
      2300 Harding Hwy, Lima, OH 45804
      View Details
    • $15 SF/Yr
      30,000 SF

      Retail Space in Lima, Ohio

      Retail space available for lease on Lima's East side.
      1330 Bellefontaine Ave, Lima, OH 45804
      View Details
    • $3,495,000
      23,089 SF

      Lima Truck Terminal and Warehouse

      12.37 acre property with two buildings and ample parking.
      3456 Saint Johns Rd, Lima, OH 45804
      View Details
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    Lima, OH 45804-3111
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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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