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    Property profile & analytics

    525 Market St Lima, OH 45801-4717

    • Office buildings
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 27, 2024
    Location Intelligence
    Property ID
    US66-1885242
    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

    • Office buildings

    Property Details for 525 Market St

    Lot size
    0.30 lot acres
    Property type
    Office buildings
    APN
    36-3608-08-005.000
    APU
    36360808005000

    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
    -84.1114
    Latitude
    40.7396
    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
    $1,118
    $14,350
    $1,580
    $15,930
    -
    $41,000
    $4,500
    $45,500

    Comparable in this City

    • Value Estimation by Request
      0.32 Acres

      215 Elm St

      OFFICE BUILDING (MULTI-STORY) • 0.32 Acres
      215 Elm St, Lima, OH 45801
      View Details
    • Value Estimation by Request
      960 SF

      1940 St

      OFFICE BUILDING (MULTI-STORY) • 960 SF
      1940 St, Lima, OH 45801-2633
      View Details
    • Value Estimation
      $75,000
      2,308 SF

      555 Elm St

      OFFICE BUILDING (MULTI-STORY) • 2,308 SF
      555 Elm St, Lima, OH 45801-4757
      View Details
    • Value Estimation
      $115,000
      0.25 Acres

      Nwn W St

      OFFICE BUILDING (MULTI-STORY) • 0.25 Acres
      Nwn W St, Lima, OH 45801
      View Details
    • Value Estimation
      $290,000
      4,782 SF

      850 Bellefontaine Ave

      OFFICE BUILDING (MULTI-STORY) • 4,782 SF
      850 Bellefontaine Ave, Lima, OH 45801-4570
      View Details
    • Value Estimation
      $795,000
      1.13 Acres

      High St

      OFFICE BUILDING (MULTI-STORY) • 1.13 Acres
      High St, Lima, OH 45801
      View Details

    Similar Nearby for Sale

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      Downtown Lima Investment Opportunity

      Commercial property with income, development potential near downtown Lima.
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      Downtown Lima Office Building

      Prime location, high ROI potential.
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      High-Cap Rate Office Building, 43,644 SF
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    Similar Nearby for Lease

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      Lima Office Space Available

      Office space available for lease in Lima, Ohio.
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    • $900 /Mo

      Downtown Lima Office Space Available

      Professional office spaces in downtown Lima, various sizes available.
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    • Contact for pricing
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      Retail Space in Northland Plaza

      Retail space available in Lima's Northland Plaza shopping center.
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      1,176 SF

      Lima Industrial Property - For Lease

      1,176 SF Industrial Building, 0.55 Acres
      1495 Findlay Rd, Lima, OH 45801
      View Details
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    525 Market St
    Lima, OH 45801-4717
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    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
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