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Property profile & analytics
OFF-MARKET
Turn key restaurants
2809 Elida Rd Lima, OH 45805-1211
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-5792782
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1990
Total area
11,960 SF
Lot
1.06 ac (46,174 SF)
APN
36-2202-03-016.000
UPID
US66-5792782
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
J & V 520 LLC · 5 yrs held
J & V 520 LLC
since 2020
Last sale
$500,000
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,182
Tax year 2023
Assessed value
$161,670
Assessed 2023
Previous assessed
$161,670
+0.0% YoY
Effective rate
6.30%
On assessed value
Assessed land
$95,270
Assessed improvement
$66,400
Land market value
$272,200
Improvement market value
$189,700
Total market value
$461,900
Applied tax rate
205.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1990
Heating
YES
Cooling
YES
Stories
1
Total area
11,960 SF
Lot
1.06 ac (46,174 SF)
APN
36-2202-03-016.000
UPID
US66-5792782
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
Building & site characteristics
From public records
Year built
1990
Heating
YES
Cooling
Yes
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
J & V 520 LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2809 ELIDA RD, LIMA, OH 45805-1211
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2026
—
J & V 520 LLC
—
Deed
related
$300,000 · Citizens National Bank/bluffton
Aug 20, 2020
$500,000
J & V 520 LLC
Shady River LLC
Grant Deed
—
Aug 5, 2020
$50,000
Shady River LLC
Benito Trust
Warranty Deed
—
Dec 4, 2019
$2,236,000
Benito Trust
Niki Lima LP
Grant Deed
—
Mar 15, 2019
—
Niki Lima LP
—
Deed
related
$1,036,000 · American Bk/mo
Mar 13, 2019
—
Niki Lima LP
Buckeye Entertainment Of Lim
Grant Deed
related
—
Feb 26, 2019
—
Niki Lima LP
—
Deed
related
$1,036,000 · American Bk/mo
May 8, 2018
—
Nmi Lima LP
—
Deed
related
$841,750 · American Bk/mo
Mar 6, 2018
$1,200,000
Niki Lima L P
Buckeye Entertainment Of Lima
Warranty Deed
—
Jun 5, 2017
—
Buckeye Entertainment Of Lima
—
Trustees Deed
related
$95,000 · Imani Cap & Invs INC
Sep 22, 2008
$650,000
Buckeye Entertainment Of Lima LLC
Kancov Lima LLC
Warranty Deed
$675,000 · Union Bank
Sep 22, 2008
—
Buckeye Entertainment Of Lima LLC
—
Trustees Deed
related
$1,135,000 · Union Bank
Aug 4, 2008
—
Kancov Lima LLC
Kancov Glm LLC
Quit Claim Deed
related
—
—
—
Niki Lima LP
—
Deed Of Trust
related
$841,750 · American Bk/mo
—
—
Niki Lima LP
—
Loan Modification
related
$1,036,000 · American Bk/mo
—
—
Niki Lima LP
—
Loan Modification
related
$1,036,000 · American Bk/mo
—
—
Nmi Lima LP
—
Deed Of Trust
related
$841,750 · American Bk/mo
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.
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