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    675 Market St Lima, OH 45801-4603
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    Property profile & analytics

    675 Market St Lima, OH 45801-4603


    • Office buildings
    • 16,216 SF
    • 0.88 lot acres
    Off-Market
    Last Sale Mar 1, 2025
    $1,000,000
    Property ID
    US66-5994403
    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.

    Value Estimations
    $945,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • myStaffingPro / (Bike/Boat/Book/etc) Store / Corporate Office
    • Paychex / Tax Preparation
    • Consumer Response / Business Management Consultant
    • International Trade Resource / International Trade Consultant
    • 3 T Title Agency Inc / Title Company

    Property Details for 675 Market St

    Year built
    1961
    Lot size
    0.88 lot acres
    Property size
    16,216 SF
    Property type
    Office buildings
    APN
    36-3608-07-007.000
    APU
    36360807007000

    Description

    This exceptional two-story executive office building, located at 675 W Market Street in downtown Lima, Ohio, presents a unique investment opportunity. Boasting 6,438 square feet of Class A office space, this 1961-built structure is constructed of durable block and brick. The property features 17 private offices, four conference rooms equipped with state-of-the-art electronics, four large open workspaces, a high-tech telecommunications room, and two break rooms. Ample parking is provided with 95 enclosed spaces. The building's robust security system ensures peace of mind. Its convenient downtown location places it directly across the street from Mercy Health, offering excellent visibility and accessibility. The property is zoned for commercial use and sits on a parcel identified by APN 36-3608-07-007.000. This fully furnished building is ready for immediate occupancy, offering a turnkey solution for a business seeking a prestigious and well-equipped office space. Detailed specifications and a complete list of features and recent updates are available upon request. The asking price for this exceptional property is $1,349,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $850,000
      ML approach
      $930,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $692,000
      Market price range: $508k - $1.89M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $900,000
      Current use
      RESTAURANT
      $1,275,000
      Change: +42% Conversion: Moderate
      MEDICAL BUILDING
      $1,100,000
      Change: +22% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $860,000
      Change: -5% Conversion: Easy
      AUTO REPAIR, GARAGE
      $800,000
      Change: -12% Conversion: Difficult
      RETAIL STORES
      $725,000
      Change: -20% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.1162
    Latitude
    40.7393
    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
    $14,609
    $41,690
    $236,740
    $278,430
    -
    $119,100
    $676,400
    $795,500
    More about this property
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