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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Investment properties
315 319th N Elizabeth St, Lima, OH 45801
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-1090007
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Total area
5,535 SF
Lot
0.1 ac (4,356 SF)
APN
37-3106-10-010.000
UPID
US66-1090007
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
-
Larrimer & Larrimer, LLC Law Firm
-
Castle Bail Bonds Law Firm
-
Legacy Group Planning Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$886k
Blend (final)
Blend
$955k
Owner & transaction history
26 Downstown LP · 4 yrs held
26 Downstown LP
since 2021
Last sale
$978,000
6 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
$1,035,000
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $978k (Aug 2 2021)
Last sale anchor
$978k
Aug 2 2021
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
$173 / 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
$6,279
Tax year 2023
Assessed value
$210,180
Assessed 2023
Previous assessed
$210,180
+0.0% YoY
Effective rate
2.99%
On assessed value
Assessed land
$5,950
Assessed improvement
$204,230
Land market value
$17,000
Improvement market value
$583,500
Total market value
$600,500
Applied tax rate
206.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1920
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
5,535 SF
Lot
0.1 ac (4,356 SF)
APN
37-3106-10-010.000
UPID
US66-1090007
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
1920
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
26 Downstown LP
Entity
Free & Clear · 4 yrs held
Mailing address
315-319 N ELIZABETH ST, LIMA, OH 45801
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2021
$978,000
26 Downstown LP
Lima 315 LLC
Warranty Deed
—
Oct 1, 2020
—
Lima 315 LLC
—
Deed
related
$560,000 · Richwood Bk
May 26, 2020
—
Lima 315 LLC
Tetrad Partners LLC
Quit Claim Deed
related
—
Dec 27, 2019
—
Tetrad Partners LLC
—
Deed Of Trust
related
$393,000 · State Bk&tr
Sep 26, 2019
$155,700
Tetrad Partners LLC
Jcq Investments LLC
Warranty Deed
$85,000 · State Bk&tr
—
—
Lima 315 LLC
—
Deed Of Trust
related
$560,000 · Richwood Bk
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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