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    Property profile & analytics

    707 Cable Rd Lima, OH 45805-1744

    • Strip malls
    • 9,425 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Last Sale
    Aug 04, 2020
    $250,000
    Location Intelligence
    Property ID
    US66-1613798
    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

    • D&D Nails Spa / Nail Salon
    • Jumbo's Sports Collectibles / Sports Card Store
    • Plush Party Palace, Girls Spa (OPEN BY APPOINTMENT ONLY) HOURS & DAYS THAT YOU CAN SCHEDULE AN APPOINTMENT ARE LISTED. / Children'S Party Service
    • Plush Cookie Co. / Bakery
    • H&R Block / Tax Preparation Service / Tax Consultant

    Property Details for 707 Cable Rd

    Year built
    1988
    Lot size
    1.14 lot acres
    Property size
    9,425 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    36-2704-01-006.000
    APU
    36270401006000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $270,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $235,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $235,000
      Mixed-Use
      $320,000
      Hospitality
      $265,000
      Educational
      $245,000
      Residential Income
      $310,000
      Energy
      $245,000
      Income-Based Land
      $310,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.1478
    Latitude
    40.7493
    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
    $11,397
    $99,860
    $81,130
    $180,990
    -
    $285,300
    $231,800
    $517,100

    Comparable in this City

    • Value Estimation
      $3,275,000
      36,947 SF

      902-914 Cable Rd 914th Mackenzie Dr

      SHOPPING CENTER, STRIP CENTER • 36,947 SF
      902-914 Cable Rd 914th Mackenzie Dr, Lima, OH 45805
      View Details
    • Value Estimation
      $265,000
      13,125 SF

      1927 Elida Rd, Unit 1939

      SHOPPING CENTER, STRIP CENTER • 13,125 SF
      1927 Elida Rd, Lima, OH 45805-1514
      View Details
    • Value Estimation
      $330,000
      5,598 SF

      2330 Shawnee Rd

      SHOPPING CENTER, STRIP CENTER • 5,598 SF
      2330 Shawnee Rd, Lima, OH 45805-3887
      View Details
    • Value Estimation by Request
      99,310 SF

      911 Cable Rd

      SHOPPING CENTER, STRIP CENTER • 99,310 SF
      911 Cable Rd, Lima, OH 45805-1751
      View Details
    • Value Estimation
      $310,000
      5,311 SF

      435 Eastown Rd

      SHOPPING CENTER, STRIP CENTER • 5,311 SF
      435 Eastown Rd, Lima, OH 45805-2801
      View Details
    • Value Estimation by Request
      0.13 Acres

      927 Cable Rd

      SHOPPING CENTER, STRIP CENTER • 0.13 Acres
      927 Cable Rd, Lima, OH 45805-1747
      View Details

    Similar Nearby for Sale

    • $2,400,000
      3,802 SF

      Dunkin's Diamonds Retail Investment

      High-return, long-term NNN lease.
      2298 Elida Rd, Lima, OH 45805
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    • $14,500,000
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      Clocktower Plaza: Lima, OH Shopping Center

      High-traffic retail center, strong tenants, value-add opportunity.
      911 Cable Rd, Lima, OH 45805
      View Details
    • $399,000
      2,765 SF

      Lima, OH Commercial Opportunity

      Commercial building and land for sale in Lima, Ohio.
      702 N Cable Rd, Lima, OH 45805
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    • $290,000
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      Restaurant Property in Lima, Ohio

      Commercial property with restaurant equipment included in Lima, Ohio.
      2119 Spencerville Rd, Lima, OH 45805
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    • $275,000
      4,733 SF

      Commercial Building in High Traffic Area

      Income-producing suites with development potential in a high-visibility location.
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    • $725,000
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      Commercial Building and Land For Sale

      Commercial building and land available for purchase in Lima, Ohio.
      712 N Eastown Rd, Lima, OH 45805
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    Similar Nearby for Lease

    • $132 SF/Yr
      238,000 SF

      Clocktower Plaza: Lima Retail Space

      Prime Lima retail space, 238,000 sq ft available.
      927 Cable Rd, Lima, OH 45805
      View Details
    • Contact for pricing
      7,306 SF

      Prime Lima Retail Space

      7,306 SF Strip Center, High Visibility
      924 Elm St, Lima, OH 45805
      View Details
    • $13 SF/Yr
      1,470 SF

      Retail Space Near Lima Mall

      Retail spaces available near Lima Mall and Elida Road.
      902-914 N Cable Rd, Lima, OH 45805
      View Details
    • Contact for pricing
      14,565 SF

      Prime Lima Retail Space

      14,565 SF Vacant Rite Aid Building
      3230 Elm St, Lima, OH 45805
      View Details
    • Contact for pricing
      8,676 SF

      Cable Crossings Retail Space

      Prime Allen County Retail Opportunity
      902 Cable Rd, Lima, OH 45805
      View Details
    • $108 SF/Yr
      10,000 SF

      Prime Lima Retail Space

      10,000 SF Retail Building, High Traffic Area
      1945 Elida Rd, Lima, OH 45805
      View Details
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    Lima, OH 45805-1744
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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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