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Property profile & analytics
OFF-MARKET
Retail space
409 Main St Lima, OH 45801-4314
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-0185072
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
21,840 SF
Lot
0.24 ac (10,498 SF)
APN
37-3106-06-009.000
UPID
US66-0185072
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
-
ATM Atm
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
409 N Main LLC · 1 yrs held
409 N Main LLC
since 2025
Last sale
$54,000
7 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
$1,935
Tax year 2023
Assessed value
$8,260
Assessed 2023
Previous assessed
$8,260
+0.0% YoY
Effective rate
23.43%
On assessed value
Assessed land
$5,740
Assessed improvement
$2,520
Land market value
$16,400
Improvement market value
$7,200
Total market value
$23,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
21,840 SF
Lot
0.24 ac (10,498 SF)
APN
37-3106-06-009.000
UPID
US66-0185072
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
FORCED AIR
Stories
1
Buildings
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
409 N Main LLC
Entity
Mailing address
409 409TH 1ST N MAIN ST, LIMA, OH 45801
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2025
$54,000
409 N Main LLC
Delish Homes LLC
Warranty Deed
$50,894 · Delish Homes LLC
Mar 22, 2022
$60,000
Delish Homes LLC
Intelligent Rental Solutions LLC
Warranty Deed
—
Sep 21, 2018
—
Intelligent Rental Solutions L
Murphy,joshua D
Quit Claim Deed
related
—
Jan 29, 2018
$20,000
Joshua D Murphy
Murphy,david C
Warranty Deed
related
—
Jan 30, 2012
$15,000
David C Murphy
Halker,brad A & Taneka N
Warranty Deed
—
Oct 2, 2007
$30,000
Brad A Halker
Murphy,david
Grant Deed
—
Apr 4, 2007
$28,000
David C Murphy
Recker,john E
Grant Deed
—
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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