Back to Search
Property profile & analytics
FOR SALE
Industrial properties
2025 E 4Th St Lima, OH 45805
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-0084766
For Sale
1 / 42
$2,850,000
2025 E 4Th St, Lima, OH 45805
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1967
Total area
50,088 SF
Lot
12.98 ac (565,409 SF)
APN
47-0500-04-003.001
UPID
US66-0084766
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
-
Bureau of Workers' Compensation Government Office
-
Employer Services Department State Government Office
-
Industrial Commission of Ohio Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$991k
Blend (final)
Blend
$1.01M
Owner & transaction history
Department Of Administrative Servic · 3 yrs held
Department Of Administrative Servic
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,450,000
Current use
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10%
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
$20 / 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
$21,996
Tax year 2023
Assessed value
$380,590
Assessed 2023
Previous assessed
$380,590
+0.0% YoY
Effective rate
5.78%
On assessed value
Assessed land
$89,530
Assessed improvement
$291,060
Land market value
$255,800
Improvement market value
$831,600
Total market value
$1,087,400
Applied tax rate
207.0000
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
For Sale
Year built
1967
Heating
YES
Cooling
YES
Stories
1
Total area
50,088 SF
Lot
12.98 ac (565,409 SF)
APN
47-0500-04-003.001
UPID
US66-0084766
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
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
1967
Heating
YES
Cooling
Yes
Stories
1
Lot
12.98 ac
Current owner
From public records · entity-resolved
Department Of Administrative Servic
Entity
Mailing address
4200 SURFACE RD, COLUMBUS, OH 43228-1313
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2023
—
Department Of Administrative Servic
Resicom Development LLC
Lease
—
Dec 12, 2019
—
Resicom Dev LLC
—
Grant Deed
related
$1,624,157 · Farm Credit Svcs
Oct 2, 2018
—
Resicom Dev LLC
—
Deed
related
$240,000 · The Union Bk Co
May 19, 2017
—
Resicom Dev LLC
—
Trustees Deed
related
$360,000 · The Union Bk Co
Feb 10, 2017
—
Resicom Dev LLC
—
Deed
related
$100,000 · The Union Bk Co
Nov 12, 2014
—
Resicom Dev LLC
—
Trustees Deed
related
$100,000 · The Union Bk Co
Apr 7, 2008
$2,000,000
Resicom Dev LLC
Lima Square INC
Grant Deed
$500,000 · Seller
—
—
Resicom Dev LLC
—
Deed Of Trust
related
$712,120 · Farm Credit Svcs
—
—
Resicom Dev LLC
—
Deed Of Trust
related
$40,000 · The Union Bk Co
—
—
Resicom Dev LLC
—
Deed Of Trust
related
$100,000 · The Union Bk Co
—
—
Resicom Dev LLC
—
Deed Of Trust
related
$240,000 · The Union Bk Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
