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Industrial Property with Rental Income
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12433 South Ave, North Lima, OH 44452

Industrial property featuring two buildings and rental income potential.

Property Size19,742 SF
Lot Size3.13 Acres
Price / SF$40.52
Days on Market263

Property Features for 12433 South Ave

General Information

Standard status Active
Size 19,742 SF
Lot size 3.13 Acres
Property subtype Industrial
Lease Type Gross

Building Details

Year Built 1990
Tenancy Multi
Listing Agency: Edward J. Lewis
Listed By: Jim Grantz · License #OH
Source: Crexi
Added: Dec 1, 2025 Changed: Aug 16 Last Checked: Aug 20 at 12:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edward J. Lewis

Investment Insights

Based on property information with market context.

This industrial property encompasses a total land area of 3.129 acres and includes two buildings. The south building, constructed in 2000, measures 7,040 square feet with dimensions of 40 feet by 176 feet. The north building, built in 1998, provides 12,702 square feet of space, measuring 87 feet by 146 feet, and includes covered storage along the north wall. The property offers the potential for rental income, with approximately 5,000 square feet available for owner occupancy. The annual real estate taxes for the 2024 tax year are $5,677.81. The property is identified by parcel number 05-059-0-007.

Key Highlights

  • Large total building area of 19,742 sq ft, ideal for occupancy or rental income.
  • Substantial 3.129 acre land area.
  • Potential rental income from existing tenants.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Electrical Service Building Supply Plumbing Service Hair Salon Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44452, OH

3,114
Population
1,166
Households
2.7
Avg Household Size
50
Median Age
28%
College-Educated
92%
High-School Grad
13.7 sq mi
ZIP Area
227
Density / Sq Mi
$60,000
Median Household Income
$44,875
Median Earnings
$738
Median Rent
$223,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial property featuring two buildings and rental income potential.
Where is this warehouse located?
The property is located at 12433 South Ave North Lima, OH.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Large total building area of 19,742 sq ft, ideal for occupancy or rental income.; Substantial 3.129 acre land area.; Potential rental income from existing tenants.
(330) 746-6581 Call to check price and availability
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