Realmo Analytics

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Financial
Distress signals
Property profile

608 W High St Lima, OH 45801

FOR SALE
Office buildings
Property ID
US66-2271435
12,050 SF 0.36 ac lot Built 1955
Last sale Dec 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$79k
Assessed land$21k
Assessed improvement$58k
Effective rate5.42%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$100k
Vacancy & credit loss−$10k
Operating expenses−$40k
NOI · 5.34% cap applied$49k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$56/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$26 – $89

Cap rate analysis

How does the asset earn?
5.34%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency45.5
Restaurant34.7
Dental Office26.5

Location

608 W High St Lima, OH 45801
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
137 Wn, Lima, OH 45801-4310 $559,000 Jun 2023 11,220 SF
319 Market, Lima, OH 45801-4713 $350,000 May 2022 11,960 SF
209 Main, Lima, OH 45801-4458 $450,000 May 2022 21,360 SF
321 Elizabeth, Lima, OH 45801 $10,500 Jun 2021 10,168 SF
71 Town, Lima, OH 45801-4935 $210,000 Jul 2020 15,344 SF
1519 Main, Lima, OH 45801-2891 $195,000 Jul 2020 6,180 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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