Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    175 Market St Lima, OH 45801-4817

    • Hotels
    • 62,532 SF
    • 0.83 lot acres
    OFF-MARKET
    Value Estimation
    $730,000
    Location Intelligence
    Property ID
    US66-4523218
    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

    • Wingate by Wyndham Lima Downtown / Hotel / Extended Stay Hotel
    • Hooligan Hooch Brewery / Bar & Grill

    Property Details for 175 Market St

    Year built
    1999
    Lot size
    0.83 lot acres
    Property size
    62,532 SF
    Property type
    Hotels
    APN
    37-3107-11-001.001
    APU
    37310711001001

    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
    -84.1064
    Latitude
    40.7395
    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
    $47,344
    $98,110
    $848,300
    $946,410
    -
    $280,300
    $2,423,700
    $2,704,000

    Comparable in this City

    • Value Estimation
      $305,000
      12,922 SF

      131 En St

      MOTEL • 12,922 SF
      131 En St, Lima, OH 45801-4436
      View Details
    • Value Estimation by Request
      2.25 Acres

      Rumbaugh Rd

      CAMPGROUND, RV PARK • 2.25 Acres
      Rumbaugh Rd, Lima, OH 45801
      View Details
    • Value Estimation
      $500,000
      20,114 SF

      1231 Neubrecht Rd

      MOTEL • 20,114 SF
      1231 Neubrecht Rd, Lima, OH 45801-3117
      View Details
    • Value Estimation
      $400,000
      47,556 SF

      1250 Neubrecht Rd

      MOTEL • 47,556 SF
      1250 Neubrecht Rd, Lima, OH 45801-3118
      View Details
    • Value Estimation
      $1,065,000
      73,799 SF

      1210 Neubrecht Rd

      MOTEL • 73,799 SF
      1210 Neubrecht Rd, Lima, OH 45801-3118
      View Details
    • Value Estimation by Request
      4,307 SF

      1293 Pebble Creek Dr

      Specialty properties • 4,307 SF
      1293 Pebble Creek Dr, Lima, OH 45801
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,500 SF

      Downtown Lima Car Wash Business

      Established Car Wash, Prime Location, Ohio
      519 Market St, Lima, OH 45801
      View Details
    • $464,000
      9,200 SF

      Commercial Building in Lima, Ohio

      Approximately 9,200 sq ft commercial building for sale.
      1255 Cole St N, Lima, OH 45801
      View Details
    • $389,000

      Vacant Lots in Lima, Ohio

      Seven vacant commercial lots available in Lima, Ohio.
      Sherman Ave E Logan, Lima, OH 45801
      View Details
    • $299,000

      Land Available on E Market

      Land for sale on E Market St, Lima, OH.
      E Market St, Lima, OH 45801
      View Details
    • $299,000
      1 SF

      Commercial Building with Office/Retail Space

      2,100 SF building with office, retail, and garage space.
      1603 N Sugar St, Lima, OH 45801
      View Details
    • $389,000

      Seven Lima Lots: Prime Development

      Exceptional Lima land, ideal for building. Eight street frontages.
      000 Logan St, Lima, OH 45801
      View Details

    Similar Nearby for Lease

    • $900 /Mo
      4,356 SF

      Downtown Lima Storefront For Rent

      Storefront in downtown Lima's renovation area, primed for growth.
      222 S Elizabeth St, Lima, OH 45801
      View Details
    • Contact for pricing
      6,640 SF

      Retail Space in Northland Plaza

      Retail space available in Lima's Northland Plaza shopping center.
      100 E Northern Ave, Lima, OH 45801
      View Details
    • $1,500 /Mo
      2,352 SF

      Lima Office Space Available

      Office space available for lease in Lima, Ohio.
      219 N Mcdonel St, Lima, OH 45801
      View Details
    • $11 SF/Yr
      15,102 SF

      Prime Lima Retail Space

      15,102 SF Single-Tenant Retail Office
      506 Market St, Lima, OH 45801
      View Details
    • $900 /Mo

      Downtown Lima Office Space Available

      Professional office spaces in downtown Lima, various sizes available.
      112 N West St, Lima, OH 45801
      View Details
    • $5 SF/Yr
      9,800 SF

      Retail Space in Lima, Ohio

      9,800 SF retail space available for lease.
      206 E Market St, Lima, OH 45801
      View Details

    Property Visit Statistics

    • Visits by month
      3.8k
    • Visitors by month
      2.2k
    • Avg Time on site
      486 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    175 Market St
    Lima, OH 45801-4817
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.