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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Medical Office Space
375 Eastown Rd, Lima, OH 45807-2209
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US66-6161826
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
13,974 SF
Lot
2.4 ac (104,544 SF)
APN
36-3301-01-021.000
UPID
US66-6161826
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
-
Sheri Miller Physician
-
Lima Memorial Health System Family Medicine - West Medical Clinic
-
Michelle Tegenkamp Physician
-
Marjorie Demund Physician
-
Ogbolu Francis MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$877k
Blend (final)
Blend
$755k
Owner & transaction history
West Ohio Medical Office Holding Co · 21 yrs held
West Ohio Medical Office Holding Co
since 2005
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+15.9%
Office building
$1.0M
+9.4%
Commercial (general)
$985,000
+3.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$950,000
Current use
RESTAURANT
$1,100,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$1,040,000
Change: +9% · Conversion: Easy
COMMERCIAL (GENERAL)
$985,000
Change: +4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$885,000
Change: -7% · Conversion: Moderate
RETAIL STORES
$810,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±10%
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
$54 / 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
$24,970
Tax year 2023
Assessed value
$404,190
Assessed 2023
Previous assessed
$404,190
+0.0% YoY
Effective rate
6.18%
On assessed value
Assessed land
$18,730
Assessed improvement
$385,460
Land market value
$53,500
Improvement market value
$1,101,300
Total market value
$1,154,800
Applied tax rate
208.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2006
Heating
YES
Cooling
YES
Stories
1
Rooms
6
Bathrooms
2
Total area
13,974 SF
Lot
2.4 ac (104,544 SF)
APN
36-3301-01-021.000
UPID
US66-6161826
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
MEDICAL BUILDING Current
Est. value
$950,000
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$985,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$885,000
RETAIL STORES
Est. value
$810,000
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
2006
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
2.4 ac
Current owner
From public records · entity-resolved
West Ohio Medical Office Holding Co
Entity
Mailing address
375 N EASTOWN RD, LIMA, OH 45807-2209
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
Jan 7, 2019
—
West Ohio Medical Office Holdi
—
Deed
related
$350,000 · Huntington Nat'l Bk
Aug 8, 2014
—
West Ohio Medical Office
—
Grant Deed
related
$1,364,000 · Huntington Nat'l Bk
Jun 10, 2005
$250,000
West Ohio Medical Office Holding Co
Margaret L Thornock
Warranty Deed
$250,000 · The Citizens National Bank Of Bluff
—
—
West Ohio Medical Office Holdi
—
Deed Of Trust
related
$350,000 · Huntington Nat'l Bk
—
—
West Ohio Medical Office Holdi
—
Deed Of Trust
related
$175,000 · Huntington Nat'l 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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