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    3840 Elida Rd. Rear, Unit REAR Lima, OH 45807

    For Lease
    $2,500 /Mo

    COMMERCIAL - Lima, OH

    Type:Office
    Property size:
    1 SF
    Days on Market:
    19
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 3840 Elida Rd. Rear

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    PART OF PARCEL #36-1604-02-016.000
    Parking features
    Parking Lot
    Interior features
    Overhead Door
    Size
    1 SF

    Utilities

    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    2010
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Steel Frame, Steel Siding
    Roof type
    Metal

    Ron Spencer Real Estate, Inc. (419) 228-8899 [email protected]

    Listing agent James Spyker (419) 234-5305

    Listing date Nov 17, 2025

    Copyright © 2025 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.

    Overview

    Commercial Building Near Elida Road

    This newer commercial building, located just off Elida Road/SR 309 W in Lima, OH, offers 2100 square feet of shop space. The building features three 10'x12' overhead doors, new LED shop lights, a newly constructed restroom and office, and a gravel parking lot. The location benefits from a high average daily traffic count of approximately 13,000. A two-year lease is required, along with a security deposit upon signing. The property is suitable for commercial use.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.17298
    Latitude
    40.775166

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    FAQs

    What type of property is this?
    Office space - 2100 SF shop space with office and parking.
    Where is this office space located?
    The property is located at 3840 Elida Rd. Rear, Unit REAR Lima, OH.
    What is the lease rate?
    The lease rate is $30,000.
    What are key features of this property?
    This property features: - High-traffic location off Elida Rd./SR 309 W with approximately 13,000 average daily traffic count.; - 2100 sq. ft. of shop space in a newer building (built in 2010).; - Three 10'x12' overhead doors for easy access.
    (419) 234-5305
    Request Owner's contact information
    3840 Elida Rd. Rear, Unit REAR Lima, OH 45807
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    Lima, OH 45807
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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
    3840 Elida Rd. Rear, Unit REAR Lima, OH 45807
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