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Property profile

207 Watt Ave Lima, OH 45801

FOR SALE
Retail space
Property ID
US66-0197058
2,700 SF 0.44 ac lot Built 1990
Last sale Oct 2026 · $185,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 207 Watt Avenue in Lima, Ohio is a 2,700-square-foot flex building built in 1990, zoned Commercial. It combines an approximately 1,188-square-foot showroom and office area with vinyl siding, tile flooring, natural-gas forced-air heating, and central air conditioning, along with a separate 50-by-30-foot shop and storage area with steel siding, a steel roof, gas heat, and a large overhead door for vehicle or material access. The site includes a parking lot, one bathroom, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$36k
Assessed land$13k
Assessed improvement$23k
Effective rate5.63%

Value estimate

· Oct 2026
$110k
$99k – $121k
AI approach$110k
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 7.75% cap applied$16k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$45/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$23 – $72
Qualifying comparables6

Cap rate analysis

How does the asset earn?
7.75%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency20.5
Law Firm17.5
Spa & Massage11.8

Location

207 Watt Ave Lima, OH 45801
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
310 Kildare, Lima, OH 45801-2720 $143,000 Aug 2024 2,568 SF
3945 Stewart, Lima, OH 45801-1337 $151,500 Apr 2024 2,400 SF
856 Wn, Lima, OH 45801 $100,000 Apr 2024 2,025 SF
Robb, Lima, OH 45801 $250,000 Jul 2023 3,510 SF
855 Metcalf, Lima, OH 45801-4072 $16,667 Nov 2022 2,160 SF
1505 Findlay, Lima, OH 45801-3109 $405,000 Jul 2022 2,239 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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