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Property profile & analytics

1945 Elida Rd Lima, OH 45805

  • Parking lots & garages
  • 1.19 lot acres
Value Estimation
$255,000
Location Intelligence
Property ID
US66-2930998
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

  • Parking lots & garages

Property Details for 1945 Elida Rd

Lot size
1.19 lot acres
Property type
Parking lots & garages
APN
36-2606-02-002.001
APU
36260602002001

Description

This exceptional 10,000-square-foot retail property is ideally situated in a high-traffic area of Lima, Ohio, offering significant potential for a variety of businesses. The single-tenant building boasts ample parking with 75 spaces, ensuring convenient access for customers. The property sits on a two-acre lot, providing ample space and visibility. The building itself is in excellent condition, ready for immediate occupancy. Its strategic location near the University of Northwestern Ohio campus provides a strong customer base and significant foot traffic. This presents a unique opportunity for a business seeking a well-maintained, spacious retail location in a thriving area. The property's size and parking capacity make it suitable for a wide range of retail uses, from larger format stores to multiple smaller businesses. The high visibility and convenient location promise strong potential for attracting customers and building a successful enterprise. Serious inquiries are encouraged to explore this exceptional retail opportunity further. Contact the listing agent for showings.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $240,000
  • CAP approach

    CAP return
    Estimation
    6%
    $300,000
    6.5%
    $320,000
    7%
    $280,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $250,000
    Geo Method
    $305,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $265,000
    Retail
    $295,000
    Mixed-Use
    $285,000
    Hospitality
    $310,000
    Educational
    $315,000
    Residential Income
    $280,000
    Energy
    $305,000
    Income-Based Land
    $325,000
    Food Service
    $265,000

Location Insight

  • Map
  • Local Demand
City
Lima
County
Allen
State
Ohio
Longitude
-84.1391
Latitude
40.7577
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
$2,277
$29,190
$11,310
$40,500
-
$83,400
$32,300
$115,700
More about this property
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