Property profile

506 Market St Lima, OH 45801

OFF-MARKET
Other automotive properties
Property ID
US66-1884122
3,340 SF 0.48 ac lot Built 1949
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is located on West Market Street in Lima, Ohio, within the medical center area. It is configured to support a variety of commercial uses, including retail, medical offices, general office space, and service companies. The site is positioned along a high-traffic roadway.

Property profile

Verified
Property type Other automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1949
Total area 3,340 SF
Lot 0.48 ac (20,996 SF)
APN 37-3108-08-020.000
UPID US66-1884122

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Auto Repair Shop

Location

506 Market St Lima, OH 45801-4528
Lima metro Census 14100 LIMA, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$115k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

since 2023
Last sale
$108,900
6 recorded transactions
2023
$108,900
2023
Price N/A
2022
Price N/A
2018
Price N/A
2017
Price N/A
2008
$159,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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