Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    906 Leonard Ave Lima, OH 45804-3136

    • Motels
    • 63,572 SF
    • 4.73 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-4021598
    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

    • TownePlace Suites Lima / Hotel / Extended Stay Hotel

    Property Details for 906 Leonard Ave

    Year built
    2020
    Lot size
    4.73 lot acres
    Property size
    63,572 SF
    Property type
    Motels
    APN
    47-0506-08-001.000
    APU
    47050608001000

    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
    -84.0798
    Latitude
    40.7276
    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
    $54,587
    $131,250
    $2,038,090
    $2,169,340
    -
    $375,000
    $5,823,100
    $6,198,100

    Comparable in this City

    • Value Estimation
      $810,000
      33,562 SF

      1910 Roschman Ave

      MOTEL • 33,562 SF
      1910 Roschman Ave, Lima, OH 45804
      View Details
    • Value Estimation
      $310,000
      2.60 Acres

      Bellefontaine Rd

      MOTEL • 2.60 Acres
      Bellefontaine Rd, Lima, OH 45804
      View Details
    • Value Estimation
      $770,000
      53,798 SF

      1933 Roschman Ave

      MOTEL • 53,798 SF
      1933 Roschman Ave, Lima, OH 45804-3496
      View Details
    • Value Estimation
      $400,000
      4,087 SF

      1327 Bellefontaine Ave

      MOTEL • 4,087 SF
      1327 Bellefontaine Ave, Lima, OH 45804-3109
      View Details
    • Value Estimation
      $495,000
      21,708 SF

      805 Leonard Ave

      MOTEL • 21,708 SF
      805 Leonard Ave, Lima, OH 45804-3185
      View Details
    • Value Estimation by Request
      63,352 SF

      936 Greely Chapel Rd

      HOTEL • 63,352 SF
      936 Greely Chapel Rd, Lima, OH 45804-4173
      View Details

    Similar Nearby for Sale

    • $1,200,000
      2,071 SF

      Harding Hwy Commercial Property

      Lima, OH retail investment opportunity.
      1703 Harding Hwy, Lima, OH 45804
      View Details
    • $1,200,000
      24,750 SF

      Commercial Land in Lima, Ohio

      Commercial land available for sale in Lima, Ohio.
      1327 Bellefontaine Ave, Lima, OH 45804
      View Details
    • $4,000,000
      14,406 SF

      Lima, OH Walgreens Investment Property

      Investment-grade Walgreens with drive-thru and zero landlord responsibilities.
      2366 Harding Hwy, Lima, OH 45804
      View Details
    • $175,000

      Land For Sale

      Land available for sale on Industry Ave, Lima, OH.
      Industry Ave, Lima, OH 45804
      View Details
    • $175,000
      11.57 Acres

      Prime Lima Industrial Land

      11.57 Acres, $175,000
      0 Industry Ave, Lima, OH 45804
      View Details
    • $850,000

      Lima, OH Industrial Land Opportunity

      Prime 50+ Acre I-75 Location, $850,000
      695 Leonard Ave, Lima, OH 45804
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      24,000 SF

      Eastgate Shopping Center Spaces

      Lima, OH retail spaces available
      2300 Harding Hwy, Lima, OH 45804
      View Details
    • $6,194 /Mo

      Versatile Industrial and Office Space

      Adaptable industrial and office space with ample rentable area.
      750 Buckeye Rd, Lima, OH 45804
      View Details
    • $15 SF/Yr
      30,000 SF

      Retail Space in Lima, Ohio

      Retail space available for lease on Lima's East side.
      1330 Bellefontaine Ave, Lima, OH 45804
      View Details
    • $3,495,000
      23,089 SF

      Lima Truck Terminal and Warehouse

      12.37 acre property with two buildings and ample parking.
      3456 Saint Johns Rd, Lima, OH 45804
      View Details
    • Contact for pricing
      1,500 SF

      Harding Highway Commercial Land Parcel

      Prime Lima, Ohio commercial land, I-75 access.
      1703 Harding Hwy, Lima, OH 45804
      View Details
    • $4,000 /Mo
      5,851 SF

      Commercial Office and Light Industrial

      7,000 SF commercial space with secure lot for lease.
      1359 Hanthorn Rd Unit, Lima, OH 45804
      View Details

    Property Visit Statistics

    • Visits by month
      7.9k
    • Visitors by month
      2.6k
    • Avg Time on site
      522 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    906 Leonard Ave
    Lima, OH 45804-3136
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.