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    Property profile & analytics

    5393 Nesbitt St Lima, OH 45807-1850

    • Apartment buildings
    • 2,996 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US66-1915894
    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

    • I Believe Ministries / Evangelical Church

    Property Details for 5393 Nesbitt St

    Year built
    1972
    Lot size
    0.34 lot acres
    Property size
    2,996 SF
    Property type
    Apartment buildings
    APN
    36-1901-02-004.000
    APU
    36190102004000

    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
    -84.2052
    Latitude
    40.7721
    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
    $1,761
    $5,320
    $22,650
    $27,970
    -
    $15,200
    $64,700
    $79,900

    Comparable in this City

    • Value Estimation
      $310,000
      2,996 SF

      5435 Nesbitt St

      APARTMENT HOUSE (5+ UNITS) • 2,996 SF
      5435 Nesbitt St, Lima, OH 45807-1854
      View Details
    • Value Estimation
      $320,000
      2,996 SF

      5509 Nesbitt St

      APARTMENT HOUSE (5+ UNITS) • 2,996 SF
      5509 Nesbitt St, Lima, OH 45807-1868
      View Details
    • Value Estimation
      $260,000
      1,456 SF

      351 Stevick Rd

      APARTMENT HOUSE (5+ UNITS) • 1,456 SF
      351 Stevick Rd, Lima, OH 45807-2264
      View Details
    • Value Estimation
      $260,000
      3,537 SF

      2939 Lilly Dr

      APARTMENT HOUSE (5+ UNITS) • 3,537 SF
      2939 Lilly Dr, Lima, OH 45807-1316
      View Details
    • Value Estimation
      $220,000
      3,928 SF

      2849 Lilly Dr

      APARTMENT HOUSE (5+ UNITS) • 3,928 SF
      2849 Lilly Dr, Lima, OH 45807-1402
      View Details
    • Value Estimation
      $330,000
      6,144 SF

      2801 Koop Rd, Unit 2811

      APARTMENT HOUSE (5+ UNITS) • 6,144 SF
      2801 Koop Rd, Lima, OH 45807-2248
      View Details

    Similar Nearby for Sale

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      Established income property in Lima, near amenities and major highways.
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      Commercial Building and Single Home

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    • $650,000

      Prime Lima Commercial Property

      5.3 Acres, High Traffic Location
      4181-4191 Elida Rd, Lima, OH 45807
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    • New
      $120,000
      Pending

      11 Acre Recreational Land

      11 acres with Quonset building near Lima, Ohio.
      Dixie Hwy N, Lima, OH 45807
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    • $225,000
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      Commercial Land on Eastown Road

      Commercial property on Eastown Road with B-1 business zoning.
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      3.7 acre building lot with utilities available in Lima, OH.
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    Similar Nearby for Lease

    • $15 SF/Yr
      1,445 SF

      Lima Office Space Available

      Office space available for lease in Lima, Ohio.
      3650 Allentown Rd, Lima, OH 45807
      View Details
    • $2,500 /Mo
      1 SF

      Commercial Building Near Elida Road

      2100 SF shop space with office and parking.
      3840 Elida Rd. Rear, Lima, OH 45807
      View Details
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    Lima, OH 45807-1850
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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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