535 SpgLima, OH 45801

  • Retail properties
  • 11,851 SF
Off market
$42,483 Estimated

Property Details for 535 Spg

Year built
1950
Lot size
0.41 AC
Property size (Sq ft)
11,851 SF
Property type
Retail properties
Property subtype
Auto shops
APN
36-3608-13-006.000
APU
36360813006000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,342,818
    6.5%
    $3,085,678
    7%
    $2,865,273
  • Comparable approach

    Method
    Valuation
    Relative Method
    $588,032
    Geo Method
    $588,032
  • Alternative Use

    Use
    Valuation
    Residential
    $2,602,885
    Hospitality
    $2,384,229
    Educational
    $1,983,650
    Medical
    $2,051,871
    Retail
    $3,085,678
535 Spg, Lima, Ohio

Location Insight

City
Lima
County
Allen
State
Ohio
Latitude
40.7383
Longitude
-84.1116
CBSA code
30620
CBSA name
LIMA, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $25,270
  • Assessed land value
    $9,840
  • Assessed value
    $35,110
  • Tax year
    2023
  • Tax bill
    $2,126

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