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Financial
Distress signals
Property profile

3230 Elm St Lima, OH 45805

OFF-MARKET
Retail space
Property ID
US66-2817786
14,565 SF 2.06 ac lot Built 2008
Last sale Sep 2016 · $44,180
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail opportunity presents a 14,565 square foot former Rite Aid building situated on a 2.06-acre lot in Lima, Ohio. Located at 3230 W Elm St, 45805, this single-tenant property offers significant potential for redevelopment or repurposing. The entire building is currently vacant, providing immediate occupancy for a new tenant. The substantial square footage and expansive land area offer flexibility for a variety of retail uses, potentially including but not limited to,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value$450k
Assessed land$91k
Assessed improvement$359k
Effective rate6.18%

Value estimate

· Oct 2026
$410k
$369k – $451k
CAP approach$890k
Submarket $/SF estimate$1.09M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$47/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$27 – $75
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency27.1
Restaurant22.3
Law Firm18.9

Location

3230 Elm St Lima, OH 45805-2519
County assessor Recorded deeds · 5 transfers 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2151 Elida, Lima, OH 45805-1518 $879,000 Jan 2025 14,400 SF
779 Shawnee, Lima, OH 45805 $350,000 Sep 2024 15,768 SF
775 Shawnee, Lima, OH 45805-3435 $350,000 Sep 2024 13,084 SF
2019 Elida, Lima, OH 45805-1516 $255,000 Dec 2023 8,784 SF
2133 Elida, Lima, OH 45805-1518 $450,000 Apr 2023 7,500 SF
810 Cable, Lima, OH 45805-3468 $750,000 Jan 2023 20,289 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
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