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    Property profile & analytics

    Reese Ave Lima, OH 45801

    • Apartment buildings
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-3948963
    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

    • Apartment buildings

    Property Details for Reese Ave

    Lot size
    0.15 lot acres
    Property type
    Apartment buildings
    APN
    47-0707-02-004.000
    APU
    47070702004000

    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
    -84.1006
    Latitude
    40.7124
    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
    $202
    $1,820
    $250
    $2,070
    -
    $5,200
    $700
    $5,900

    Comparable in this City

    • Value Estimation by Request
      0.29 Acres

      Central Ave

      APARTMENT HOUSE (5+ UNITS) • 0.29 Acres
      Central Ave, Lima, OH 45801
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    • Value Estimation by Request
      0.09 Acres

      Elm St

      APARTMENT HOUSE (5+ UNITS) • 0.09 Acres
      Elm St, Lima, OH 45801
      View Details
    • Value Estimation by Request
      0.16 Acres

      Bradfield Dr

      APARTMENT HOUSE (5+ UNITS) • 0.16 Acres
      Bradfield Dr, Lima, OH 45801
      View Details
    • Value Estimation by Request
      2,255 SF

      128 Mckibben St

      APARTMENT HOUSE (5+ UNITS) • 2,255 SF
      128 Mckibben St, Lima, OH 45801-4358
      View Details
    • Value Estimation by Request
      8,884 SF

      2370 Cole St

      APARTMENT HOUSE (5+ UNITS) • 8,884 SF
      2370 Cole St, Lima, OH 45801
      View Details
    • Value Estimation
      $310,000
      3,410 SF

      2563 Reservoir Rd

      APARTMENT HOUSE (5+ UNITS) • 3,410 SF
      2563 Reservoir Rd, Lima, OH 45801-3884
      View Details

    Similar Nearby for Sale

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      Downtown Lima Office Building

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    Similar Nearby for Lease

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      New Condo with Modern Finishes

      Brand-new condo with modern finishes, two bedrooms, and garage.
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    • $295,000
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      Commercial Property in Lima, Ohio

      Two lots with a block building and paved parking.
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    • Contact for pricing
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      Retail Space in Northland Plaza

      Retail space available in Lima's Northland Plaza shopping center.
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      73,408 SF

      Lima Warehouse Space Available

      348,342 SF warehouse with rail service near I-75.
      2000 N Sugar St, Lima, OH 45801
      View Details
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    Reese Ave
    Lima, OH 45801
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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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