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    Property profile & analytics

    165 Circular St Lima, OH 45804

    • Warehouses
    • 13,774 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 10, 2025
    $142,200
    Location Intelligence
    Property ID
    US66-2561776
    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 165 Circular St

    Year built
    1956
    Lot size
    0.89 lot acres
    Property size
    13,774 SF
    Property type
    Warehouses
    APN
    37-3111-05-004.000
    APU
    37311105004000

    Description

    This exceptional 13,774 square foot warehouse, located at 165 E Circular St, Lima, OH 45804, presents a compelling investment opportunity at an asking price of $199,900. The property, classified as Class C industrial, boasts a single story design and sits on a generous 1.272-acre lot. Built in 1956 and renovated in 1988, the warehouse features variable ceiling heights ranging from 13 to 20 feet, providing ample storage and operational flexibility. A single loading dock facilitates efficient loading and unloading operations. The property's sprinkler system is currently inactive. The convenient location in Allen County, Ohio, offers easy access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics. The property's APN is 37311104013000&37311105004000. This warehouse offers significant potential for a variety of industrial uses and represents a strong value proposition in the Lima market. The price per square foot is $14.51.

    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
    -84.1031
    Latitude
    40.7336
    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
    $1,787
    $6,060
    $16,700
    $22,760
    -
    $17,300
    $47,700
    $65,000

    Comparable in this City

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      910 Industry Ave

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      4150 Bellefontaine Rd

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      $765,000
      50,000 SF

      2350 Central Pt Pkwy

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    • Value Estimation
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      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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    165 Circular 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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