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    Property profile & analytics

    2600 Elida Rd Lima, OH 45805-1208

    • Retail properties
    • 201,912 SF
    • 15.05 lot acres
    OFF-MARKET
    Value Estimation
    $3,900,000
    Last Sale
    Jan 31, 2025
    $4,500,000
    Location Intelligence
    Property ID
    US66-1917117
    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

    • Lazarus Cosmetics Estee Lauder / Cosmetics Store
    • Macy's Locker Room by Lids / Sporting Goods Store
    • Finish Line (located inside Macy's) / Sporting Goods Store / Clothing Store

    Property Details for 2600 Elida Rd

    Year built
    1971
    Lot size
    15.05 lot acres
    Property size
    201,912 SF
    Property type
    Retail properties
    APN
    36-2201-02-020.000
    APU
    36220102020000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,745,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,800,000
      6.5%
      $4,945,000
      7%
      $4,890,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,590,000
      Geo Method
      $4,565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,145,000
      Retail
      $4,650,000
      Mixed-Use
      $4,975,000
      Hospitality
      $4,420,000
      Educational
      $4,040,000
      Residential Income
      $5,050,000
      Energy
      $4,885,000
      Income-Based Land
      $5,115,000
      Food Service
      $4,880,000

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.1525
    Latitude
    40.7668
    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
    $76,022
    $525,320
    $429,800
    $955,120
    -
    $1,500,900
    $1,228,000
    $2,728,900

    Comparable in this City

    • Value Estimation by Request
      9,750 SF

      729 Cable Rd

      Retail properties • 9,750 SF
      729 Cable Rd, Lima, OH 45805
      View Details
    • Value Estimation by Request
      161,264 SF

      2450 Allentown Rd

      DEPARTMENT STORE • 161,264 SF
      2450 Allentown Rd, Lima, OH 45805-1712
      View Details
    • Value Estimation
      $445,000
      10,542 SF

      2620 Elida Rd

      DEPARTMENT STORE • 10,542 SF
      2620 Elida Rd, Lima, OH 45805-1208
      View Details
    • Value Estimation
      $430,000
      9,100 SF

      310 Jameson Ave

      DEPARTMENT STORE • 9,100 SF
      310 Jameson Ave, Lima, OH 45805-2452
      View Details
    • Value Estimation by Request
      7,306 SF

      924 Elm St

      Neighborhood centers • 7,306 SF
      924 Elm St, Lima, OH 45805
      View Details
    • Value Estimation by Request
      0.19 Acres

      Cable Rd

      DEPARTMENT STORE • 0.19 Acres
      Cable Rd, Lima, OH 45805
      View Details

    Similar Nearby for Sale

    • $2,400,000
      3,802 SF

      Dunkin's Diamonds Retail Investment

      High-return, long-term NNN lease.
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      View Details
    • $14,500,000
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      Clocktower Plaza: Lima, OH Shopping Center

      High-traffic retail center, strong tenants, value-add opportunity.
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    • $575,000
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      Retail Property in Lima, Ohio

      Retail property available for sale in Lima, Ohio.
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    • $399,000
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      Lima, OH Commercial Opportunity

      Commercial building and land for sale in Lima, Ohio.
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    • $290,000
      1,744 SF

      Restaurant Property in Lima, Ohio

      Commercial property with restaurant equipment included in Lima, Ohio.
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    • $725,000
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      Commercial Building and Land For Sale

      Commercial building and land available for purchase in Lima, Ohio.
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    Similar Nearby for Lease

    • Contact for pricing
      14,565 SF

      Prime Lima Retail Space

      14,565 SF Vacant Rite Aid Building
      3230 Elm St, Lima, OH 45805
      View Details
    • Contact for pricing
      8,676 SF

      Cable Crossings Retail Space

      Prime Allen County Retail Opportunity
      902 Cable Rd, Lima, OH 45805
      View Details
    • $108 SF/Yr
      10,000 SF

      Prime Lima Retail Space

      10,000 SF Retail Building, High Traffic Area
      1945 Elida Rd, Lima, OH 45805
      View Details
    • $132 SF/Yr
      238,000 SF

      Clocktower Plaza: Lima Retail Space

      Prime Lima retail space, 238,000 sq ft available.
      927 Cable Rd, Lima, OH 45805
      View Details
    • Contact for pricing
      7,306 SF

      Prime Lima Retail Space

      7,306 SF Strip Center, High Visibility
      924 Elm St, Lima, OH 45805
      View Details
    • $10 SF/Yr
      3,000 SF

      Retail Space on Elida Road

      3,000 SF retail space available for rent.
      2400 Elida Rd, Lima, OH 45805
      View Details
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    2600 Elida Rd
    Lima, OH 45805-1208
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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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