Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    505 Bible Rd Lima, OH 45801-2028

    • Auto shops
    • 11.48 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 01, 2023
    Location Intelligence
    Property ID
    US66-1461129
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 505 Bible Rd

    Lot size
    11.48 lot acres
    Property type
    Auto shops
    APN
    37-1800-01-002.000
    APU
    37180001002000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.0944
    Latitude
    40.782
    CBSA code
    30620
    CBSA name
    LIMA, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,373
    $19,810
    $3,570
    $23,380
    -
    $56,600
    $10,200
    $66,800

    Comparable in this City

    • Value Estimation by Request
      2,480 SF

      1650 Mccullough St

      AUTO REPAIR, GARAGE • 2,480 SF
      1650 Mccullough St, Lima, OH 45801-3079
      View Details
    • Value Estimation by Request
      1,057 SF

      237 Un St

      AUTO REPAIR, GARAGE • 1,057 SF
      237 Un St, Lima, OH 45801-4923
      View Details
    • Value Estimation
      $245,000
      5,494 SF

      333 Jackson St

      AUTO REPAIR, GARAGE • 5,494 SF
      333 Jackson St, Lima, OH 45801-4103
      View Details
    • Value Estimation
      $270,000
      21,428 SF

      353 En St

      AUTO REPAIR, GARAGE • 21,428 SF
      353 En St, Lima, OH 45801-4440
      View Details
    • Value Estimation
      $115,000
      3,324 SF

      2545 St

      AUTO REPAIR, GARAGE • 3,324 SF
      2545 St, Lima, OH 45801-2006
      View Details
    • Value Estimation
      $205,000
      11,851 SF

      535 Spg St

      AUTO REPAIR, GARAGE • 11,851 SF
      535 Spg St, Lima, OH 45801-4727
      View Details

    Similar Nearby for Sale

    • $299,000
      1 SF

      Commercial Building with Office/Retail Space

      2,100 SF building with office, retail, and garage space.
      1603 N Sugar St, Lima, OH 45801
      View Details
    • $179,000
      2,322 SF

      Updated Commercial Space with Shop

      Updated office and shop space in Lima, Ohio.
      2675 N West St, Lima, OH 45801
      View Details
    • Contact for pricing
      4,500 SF

      Downtown Lima Car Wash Business

      Established Car Wash, Prime Location, Ohio
      519 Market St, Lima, OH 45801
      View Details
    • $145,700
      Pending

      Versatile Commercial Space in Lima

      6,474 SF commercial space suitable for automotive, retail, or warehouse.
      885-887 Delphos Ave, Lima, OH 45801
      View Details
    • $599,000
      2,132 SF

      Retail Property in Lima, Ohio

      Retail property for sale with 2,132 square feet.
      717 N Jackson St, Lima, OH 45801
      View Details
    • $2,700,000
      15,102 SF

      Prime Lima Retail Investment

      15,102 SF, High-Traffic Location
      302 Robb Ave, Lima, OH 45801
      View Details

    Similar Nearby for Lease

    • $295,000
      2,400 SF

      Commercial Property in Lima, Ohio

      Two lots with a block building and paved parking.
      1251-53 Cole St N, Lima, OH 45801
      View Details
    • $900 /Mo
      4,356 SF

      Downtown Lima Storefront For Rent

      Storefront in downtown Lima's renovation area, primed for growth.
      222 S Elizabeth St, Lima, OH 45801
      View Details
    • Contact for pricing
      6,640 SF

      Retail Space in Northland Plaza

      Retail space available in Lima's Northland Plaza shopping center.
      100 E Northern Ave, Lima, OH 45801
      View Details
    • Contact for pricing
      2,070 SF

      Retail Space in Northland Plaza

      Retail space available in Lima's Northland Plaza shopping center.
      120 W Northern Ave, Lima, OH 45801
      View Details
    • Contact for pricing
      1,176 SF

      Lima Industrial Property - For Lease

      1,176 SF Industrial Building, 0.55 Acres
      1495 Findlay Rd, Lima, OH 45801
      View Details
    • $675,000
      13,000 SF

      Commercial Building in Lima, Ohio

      Approximately 13,000 sq ft brick building in Lima, Ohio.
      1275-77 Cole St N, Lima, OH 45801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    505 Bible Rd
    Lima, OH 45801-2028
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.