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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Commercial real estate
4565 Elida Rd Lima, OH 45807-1151
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-2406795
Property summary
AI-generated overview
This exceptional investment opportunity presents a state-of-the-art, 30,200-square-foot sports facility situated on 2.63 acres in Elida, Ohio. Located conveniently off Elida Road near Lima, this multi-purpose complex is designed to host a wide array of sporting events and private functions year-round. The spacious indoor arena is adaptable for basketball, volleyball, indoor soccer, and features fields suitable for football and baseball, along with a batting cage. A dedicated spectator area ensures optimal viewing for attendees. Beyond the arena, the property includes ample locker rooms, substantial storage areas, and administrative offices. Built in 2000, this single-building complex is zoned for commercial use and offers significant potential for diverse applications beyond its current configuration. The asking price is $1,850,000, translating to $61.26 per square foot. This high-traffic location presents a compelling investment opportunity encompassing the business, building, and land.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2000
Total area
30,200 SF
Lot
2.63 ac (114,563 SF)
APN
36-1701-01-004.001
UPID
US66-2406795
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
-
Lima's Total Revolution Training Facility Training Center Sports School
-
Apex Sports Zone Family Recreation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
Bl Management Group LLC · 1 yrs held
Bl Management Group LLC
since 2025
Last sale
$750,000
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
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
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $750k (Dec 14 2024)
Last sale anchor
$750k
Dec 14 2024
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
$23 / 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
$29,494
Tax year 2023
Assessed value
$469,390
Assessed 2023
Previous assessed
$469,390
+0.0% YoY
Effective rate
6.28%
On assessed value
Assessed land
$40,390
Assessed improvement
$429,000
Land market value
$115,400
Improvement market value
$1,225,700
Total market value
$1,341,100
Applied tax rate
205.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Stories
1
Total area
30,200 SF
Lot
2.63 ac (114,563 SF)
APN
36-1701-01-004.001
UPID
US66-2406795
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
2000
Heating
FORCED AIR
Stories
1
Lot
2.63 ac
Current owner
From public records · entity-resolved
Bl Management Group LLC
Entity
Mailing address
4565 ELIDA RD, LIMA, OH 45807-1151
Mailing matches property
Yes
Owner-occupied
Yes
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
—
Bl Management Group LLC
—
Deed
related
$855,000 · Celtic Bank Corporation
Mar 14, 2025
$750,000
Bl Management Group LLC
First Class Holdings LLC
Warranty Deed
$750,000 · Pardeep Bansal
May 23, 2023
—
First Class Holdings LLC
—
Deed
related
$1,770,600 · Wright-patt Credit Union INC
Feb 2, 2023
—
Team First Holdings LLC
—
Deed
related
$1,770,600 · Wright-patt Credit Union INC
Mar 16, 2012
$1,100,000
First Class Holdings LLC
Neuko Sports World Ltd
Warranty Deed
related
—
—
—
First Class Holdings LLC
—
Deed Of Trust
related
$315,000 · Jp Morgan Chase Bk
—
—
Neuko Sports World Ltd
—
Deed Of Trust
related
$317,000 · First Federal Bank Midwest
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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