Heavy Industrial Flex
1814 E 4th St Lima, OH 45804
New
1814 E 4th St, Lima, OH, 45804
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For Sale
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Two-building industrial facility with clear-span warehouse space, multiple drive-in doors, and 14–14.5' clear heights.
Property Size6,150 SF
Lot Size4.46 Acres
Price / SF$113.01
Days on Market5
Property Features for 1814 E 4th St
General Information
- Standard status
- Active
- Size
- 6,150 SF
- Lot size
- 4.46 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Industrial Property Brokers
(937) 492-4423
Listed by
Timothy Echemann
(937) 492-4423
Source
Moodyscre
Added: Jul 15 Checked: Jul 18 at 2:47 am
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Investment Insights
Based on property information with market context.
This versatile industrial property features two functional buildings totaling 6,150 SF, with office and warehouse space supported by clear-span construction. The warehouse area offers 14'–14.5' clear heights and is equipped with floor drains and multiple drive-in doors to support efficient loading and operations. Additional improvements include boiler heat, 480-volt 225-amp three-phase power, and a 2-ton crane.
The property also includes a 30' x 30' auxiliary building and ample outdoor storage. Zoned I-2 (Heavy Industrial), it is suited for manufacturing, fabrication, warehousing, and other industrial operations.
Additional power and industrial features help support a broad range of heavy-duty uses, while the site’s configuration includes the main warehouse buildings plus the auxiliary structure for added flexibility in day-to-day workflow.
The property also includes a 30' x 30' auxiliary building and ample outdoor storage. Zoned I-2 (Heavy Industrial), it is suited for manufacturing, fabrication, warehousing, and other industrial operations.
Additional power and industrial features help support a broad range of heavy-duty uses, while the site’s configuration includes the main warehouse buildings plus the auxiliary structure for added flexibility in day-to-day workflow.
Key Highlights
- Two‑building industrial facility totaling 6,150 SF on 4.46 acres in Lima, OH
- Zoned I‑2 (Heavy Industrial) with flexibility for manufacturing, fabrication, warehousing, and other industrial operations
- Clear‑span warehouse space with 14'–14.5' clear heights and floor drains for industrial use
Local Financial Insights For Flex RnD
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 | $58.3k | $9.48 |
| − Vacancy | −$4.0k | −$0.64 |
| EGI | $54.3k | $8.84 |
| − OpEx | −$19.0k | −$3.09 |
| NOI | $35.3k | $5.74 |
6,150 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$504.6K
$441.5K – $588.7K
NOI $35,319 @ 7.0% cap · market cap 5.08%
Second Best
Warehouse
$438.4K
$383.6K – $511.5K
NOI $30,687 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,692 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- AnaMarBizGroup — 560 Holmes Ave, Lima, OH 45804
FAQs
What type of property is this?
Flex space - Two-building industrial facility with clear-span warehouse space, multiple drive-in doors, and 14–14.5' clear heights.
Where is this flex space located?
The property is located at 1814 E 4th St Lima, OH.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two‑building industrial facility totaling 6,150 SF on 4.46 acres in Lima, OH; Zoned I‑2 (Heavy Industrial) with flexibility for manufacturing, fabrication, warehousing, and other industrial operations; Clear‑span warehouse space with 14'–14.5' clear heights and floor drains for industrial use
