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Property profile & analytics
OFF-MARKET
Office buildings
330 Main St, Lima, OH 45801-4435
Individually Owned
3-yr Hold
Free & Clear
Property ID
US66-2514176
Property summary
AI-generated overview
This exceptional two-story, 5,730 square foot office building, located at 330 N Main St in Lima, Ohio, presents a unique investment opportunity. Built in 1920 and renovated in 2000, the Class B property offers a blend of historic character and modern functionality. Its prime location directly across from the Allen County Courthouse ensures high visibility and easy access to major thoroughfares, including N Main St, E Wayne St, and Walnut Alley. The property features 26 private parking spaces adjacent to a 48-space public lot, eliminating parking concerns. A full basement provides ample storage. Currently configured for professional office use, the space includes private offices, conference rooms, and a reception area. The 0.407-acre lot is zoned for office and retail use. The asking price is $364,900, with a price per square foot of $63.68. Available for occupancy May 29, 2024. This property is a single unit building with a total of one building and two stories. The APN is 37-3106-12-007.000. This is a privately owned building.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1920
Total area
5,841 SF
Lot
0.41 ac (17,729 SF)
APN
37-3106-12-007.000
UPID
US66-2514176
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
-
Romey & Vandemark Law Offices Law Firm
-
Chicago Title Insurance Co Title Company
-
R L Ditto & Associates Accounting Firm
-
Pomeroy Financial Planning LLC Financial Advisor
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
Steven A Romey · 3 yrs held
Steven A Romey
since 2023
2 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
$3,276
Tax year 2023
Assessed value
$57,160
Assessed 2023
Previous assessed
$57,160
+0.0% YoY
Effective rate
5.73%
On assessed value
Assessed land
$21,110
Assessed improvement
$36,050
Land market value
$60,300
Improvement market value
$103,000
Total market value
$163,300
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1920
Heating
YES
Cooling
YES
Stories
1
Total area
5,841 SF
Lot
0.41 ac (17,729 SF)
APN
37-3106-12-007.000
UPID
US66-2514176
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
Lot
0.41 ac
Current owner
From public records · entity-resolved
Steven A Romey
Individual
Free & Clear · 3 yrs held
Mailing address
330 N MAIN ST, LIMA, OH 45801-4435
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
—
Steven A Romey
Carol A Romey
Intrafamily Transfer
related
—
Feb 11, 2009
—
Romey Carol A Tr
Ingledue M J
Grant Deed
related
—
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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