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Property profile & analytics
OFF-MARKET
Estimated value
$335,000
Industrial properties
1500 Elida Rd Lima, OH 45805-1509
Entity Owned
Free & Clear
Property ID
US66-6223345
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1963
Total area
17,675 SF
Lot
1.73 ac (75,359 SF)
APN
36-2608-03-002.000
UPID
US66-6223345
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
-
Neighborhood Relief Thrift Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$682k
Blend (final)
Blend
$335k
Owner & transaction history
Compassionate Properties LLC
Compassionate Properties LLC
since 2025
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+172.3%
Office building
$1.3M
+157.1%
Commercial (general)
$1.2M
+143.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,210,000
6.5%
$1,115,000
7%
$1,040,000
Alternative Use
Use
Estimation
RESTAURANT
$1,390,000
Change: +172% · Conversion: Difficult
OFFICE BUILDING
$1,315,000
Change: +157% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,245,000
Change: +143% · Conversion: Difficult
MEDICAL BUILDING
$1,200,000
Change: +135% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,115,000
Change: +119% · Conversion: Difficult
AUTO REPAIR, GARAGE
$870,000
Change: +70% · Conversion: Easy
RETAIL STORES
$825,000
Change: +62% · Conversion: Moderate
Blend value · Realmo final
$335k
Range $302k – $369k · ±10% · vs last sale $1.25M (Jul 10 2025)
Last sale anchor
$1.25M
Jul 10 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$19 / SF
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
$10,841
Tax year 2023
Assessed value
$193,940
Assessed 2023
Previous assessed
$193,940
+0.0% YoY
Effective rate
5.59%
On assessed value
Assessed land
$39,550
Assessed improvement
$154,390
Land market value
$113,000
Improvement market value
$441,100
Total market value
$554,100
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1963
Heating
NONE
Buildings
4
Stories
1
Total area
17,675 SF
Lot
1.73 ac (75,359 SF)
APN
36-2608-03-002.000
UPID
US66-6223345
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$870,000
RETAIL STORES
Est. value
$825,000
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
1
Buildings
4
Lot
1.73 ac
Current owner
From public records · entity-resolved
Compassionate Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1500 ELIDA RD #1550, LIMA, OH 45805-1509
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2025
$1,250,000
Compassionate Properties LLC
Heather A Roznowski
Warranty Deed
—
Jun 25, 2025
—
Heather A Roznowski
Estate Of David J John Roznowski
Deed
—
Sep 9, 2016
—
David J Roznowski
—
Deed
related
$585,877 · Citizens Nat'l Bk/bluffton
—
—
David J Roznowski
—
Deed Of Trust
related
$585,877 · Citizens Nat'l Bk/bluffton
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.
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