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    Property profile & analytics

    558 Spg St Lima, OH 45801-4728

    • Investment properties
    • 3,229 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $50,000
    Last Sale
    May 02, 2023
    $55,000
    Location Intelligence
    Property ID
    US66-1485542
    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

    • Jacobs Law Office / Law Firm

    Property Details for 558 Spg St

    Year built
    1901
    Construction
    FRAME
    Lot size
    0.23 lot acres
    Property size
    3,229 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    36-3608-08-019.000
    APU
    36360808019000

    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
    -84.1126
    Latitude
    40.739
    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
    $1,172
    $6,690
    $14,630
    $21,320
    -
    $19,100
    $41,800
    $60,900

    Comparable in this City

    • Value Estimation
      $175,000
      2,024 SF

      325 327th N Sugar St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,024 SF
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      View Details
    • Value Estimation by Request
      2,894 SF

      513 Wn St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,894 SF
      513 Wn St, Lima, OH 45801-4214
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    • Value Estimation
      $1,015,000
      5,535 SF

      315 319th N Elizabeth St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,535 SF
      315 319th N Elizabeth St, Lima, OH 45801
      View Details
    • Value Estimation by Request
      2,322 SF

      2675 West St

      Distribution properties • 2,322 SF
      2675 West St, Lima, OH 45801
      View Details
    • Value Estimation by Request
      19,956 SF

      122 North St

      Specialty properties • 19,956 SF
      122 North St, Lima, OH 45801
      View Details
    • Value Estimation by Request
      1,248 SF

      3311 West St

      Automotive properties • 1,248 SF
      3311 West St, Lima, OH 45801
      View Details

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    Similar Nearby for Lease

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      Storefront in downtown Lima's renovation area, primed for growth.
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    558 Spg St
    Lima, OH 45801-4728
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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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