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    Property profile & analytics

    855 Market St E E Ste Lima, OH 45805-2700

    • Office Properties & Spaces
    • 1,505 SF
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US66-1184437
    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

    • Retina Vitreous Associates / Eye Care Center / Ophthalmologist
    • Andrew Mueller / Ophthalmologist
    • Mandar Joshi / Ophthalmologist
    • Charles King Dabbs / Ophthalmologist
    • Lance Bodily / Ophthalmologist

    Property Details for 855 Market St E E Ste

    Year built
    1984
    Property size
    1,505 SF
    Property type
    Office Properties & Spaces
    APN
    36-3607-05-008.508
    APU
    36360705008508

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $190,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $205,000
      Retail
      $235,000
      Mixed-Use
      $190,000
      Hospitality
      $210,000
      Educational
      $230,000
      Residential Income
      $220,000
      Energy
      $220,000
      Income-Based Land
      $190,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.1215
    Latitude
    40.7394
    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
    $1,960
    $9,630
    $27,580
    $37,210
    -
    $27,500
    $78,800
    $106,300

    Comparable in this City

    • Value Estimation by Request
      473 SF

      855 Market St, Unit J

      CONDOMINIUM OFFICES • 473 SF
      855 Market St, Lima, OH 45805-2795
      View Details
    • Value Estimation
      $675,000
      2,756 SF

      825 Market St Ste, Unit 205

      CONDOMINIUM OFFICES • 2,756 SF
      825 Market St Ste, Lima, OH 45805-2745
      View Details
    • Value Estimation
      $280,000
      1,840 SF

      916 920th W Market St

      CONDOMINIUM OFFICES • 1,840 SF
      916 920th W Market St, Lima, OH 45805
      View Details
    • Value Estimation
      $295,000
      705 SF

      916-920 Market St, Unit 201

      CONDOMINIUM OFFICES • 705 SF
      916-920 Market St, Lima, OH 45805
      View Details
    • Value Estimation
      $330,000
      2,286 SF

      825 Cable Rd

      CONDOMINIUM OFFICES • 2,286 SF
      825 Cable Rd, Lima, OH 45805-3467
      View Details
    • Value Estimation
      $335,000
      3,503 SF

      2765 Ft Amanda Rd

      CONDOMINIUM OFFICES • 3,503 SF
      2765 Ft Amanda Rd, Lima, OH 45805-4813
      View Details

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      Lima Land: Prime Development Opportunity

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      Allentown Road Commercial Land

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    Similar Nearby for Lease

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      Lima, OH Medical Office Suites

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    • $1,800 /Mo

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    • $13 SF/Yr
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      Retail Space Near Lima Mall

      Retail spaces available near Lima Mall and Elida Road.
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      View Details
    • $9 SF/Yr
      4,500 SF

      Lima Retail Space Available

      Retail space available for lease in Lima, Ohio.
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    • Contact for pricing
      14,565 SF

      Prime Lima Retail Space

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    • Contact for pricing
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      Cable Crossings Retail Space

      Prime Allen County Retail Opportunity
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      View Details
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    855 Market St E E Ste
    Lima, OH 45805-2700
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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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