Technical
Financial
Distress signals
Property profile

2620 Elida Rd Lima, OH 45805

OFF-MARKET
Retail properties & Spaces
Property ID
US66-5334854
10,542 SF 2.17 ac lot Built 2003
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 2003
Total area 10,542 SF
Lot 2.17 ac (94,525 SF)
APN 36-2201-02-020.002
UPID US66-5334854

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Buffet

Location

2620 Elida Rd Lima, OH 45805-1208
Lima metro Census 11000 LIMA, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$645k
Comparable Approach Comparable
$788k
Blend (final) Blend
$305k

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
2019
$714,300
2019
$1.1M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $830,000 +68.5%
Office building $785,000 +59.1%
Commercial (general) $740,000 +50.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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