New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,740,000
Warehouses
3535 Saint Johns Rd, Lima, OH 45804-4016
Entity Owned
Free & Clear
Property ID
US66-2449516
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Total area
57,088 SF
Lot
3.16 ac (137,650 SF)
APN
47-1700-03-006.000
UPID
US66-2449516
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
$2.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.79M
Blend (final)
Blend
$2.74M
Owner & transaction history
Dayton Heidelberg Distributing Co L
Dayton Heidelberg Distributing Co L
since 2025
Last sale
$3.4M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.5M
+121.2%
Office building
$4.2M
+108.9%
Commercial (general)
$4.0M
+97.8%
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
$2,015,000
ML approach
$2,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,030,000
Current use
RESTAURANT
$4,495,000
Change: +121% · Conversion: Difficult
OFFICE BUILDING
$4,245,000
Change: +109% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,020,000
Change: +98% · Conversion: Difficult
MEDICAL BUILDING
$3,880,000
Change: +91% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,610,000
Change: +78% · Conversion: Difficult
RETAIL STORES
$3,300,000
Change: +62% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,810,000
Change: +38% · Conversion: Easy
Blend value · Realmo final
$2.74M
Range $2.47M – $3.01M · ±10% · vs last sale $3.40M (Jun 29 2025)
Last sale anchor
$3.40M
Jun 29 2025
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
$48 / 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
$34,666
Tax year 2023
Assessed value
$640,890
Assessed 2023
Previous assessed
$640,890
+0.0% YoY
Effective rate
5.41%
On assessed value
Assessed land
$28,770
Assessed improvement
$612,120
Land market value
$82,200
Improvement market value
$1,748,900
Total market value
$1,831,100
Applied tax rate
207.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
57,088 SF
Lot
3.16 ac (137,650 SF)
APN
47-1700-03-006.000
UPID
US66-2449516
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.0M
RESTAURANT
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
RETAIL STORES
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.8M
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
3.16 ac
Current owner
From public records · entity-resolved
Dayton Heidelberg Distributing Co L
Entity
Free & Clear · 0 yrs held
Mailing address
3535 SAINT JOHNS RD, LIMA, OH 45804-4016
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
$3,400,000
Dayton Heidelberg Distributing Co L
Ohio Eagle Distributing LLC
Deed
—
Nov 30, 2022
$2,300,000
Ohio Eagle Distributing LLC
Anheuser Busch LLC
Limited Warranty Deed
—
Dec 20, 2013
$1,292,000
Anheuser-busch LLC
C & G Investment Props LLC
Grant Deed
—
Jun 17, 2008
$2,300,000
C & G Investment Properties LLC
5 Gs
Grant Deed
$3,300,000 · State Bank & Trust
Jun 17, 2008
—
Gs
5 Gs
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3535 Saint Johns Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
