3600-3602 Elida Road Lima, OH 45807
COMMERCIAL - Lima, OH
Property Features for 3600-3602 Elida Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Parking features
- Parking Lot
- Window features
- Display Window(s)
- Interior features
- Overhead Door
- Fencing
- Fenced
- Standard status
- Active
- APN
- 36-1604-01-016.000, 36-1604-01-017.000
- Size
- 9,975 SF
Taxes and HOA fees
- Tax Annual Amount
- 6768
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1960
- Flooring type
- Concrete, Vinyl
- Building materials
- Steel Frame
- Roof type
- Rubber
Listing agent Gregory Stolly (419) 302-1890
Listing office CCR Realtors 1737 Allentown Road, Lima, OH (419) 222-0555
Listing date Dec 15, 2025
Copyright © 2026 West Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 3600-3602 Elida Road in Lima, Ohio 45807, in Allen County. The listing provides for annual income of $80,000 plus, tied to the existing business mix. The site’s configuration is presented as a two-parcel holding, which may support buyers seeking a multi-tenant or multi-use arrangement under one ownership structure.
For tenants, buyers, or operators, the current use profile suggests suitability for service-oriented concepts that can operate alongside complementary professional and personal services. The property’s established business types provide a practical starting point for evaluating how the space and parcels can support continued automotive, personal service, and professional service operations under the Commercial zoning designation.
Key Highlights
- Two parcels with reported annual income of $80,000+ (per public remarks)
- Auto service, barber/beauty, and professional services business types noted
- Steel frame construction with concrete and vinyl flooring
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.9k | $6.41 |
| − Vacancy | −$5.4k | −$0.54 |
| EGI | $58.6k | $5.87 |
| − OpEx | −$17.6k | −$1.76 |
| NOI | $41.0k | $4.11 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Reineke Nissan Service — 1350 N Cable Rd, Lima, OH 45805
- Downtown Sounds & Security — 2193 Elida Rd, Lima, OH 45805
- Walmart Auto Care Centers — 2450 Allentown Rd, Lima, OH 45805
- Jimmy B's Window Tint — 1708 Homeward Ave, Lima, OH 45805
- Jim Yargers Body Shop — 2115 Elida Rd, Lima, OH 45805
