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    1703 Harding Hwy Lima, OH 45804

    For Lease
    Contact for pricing

    Prime Lima, Ohio commercial land, I-75 access.

    Lot size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1-acre commercial land parcel, located at 1703 Harding Highway in Lima, Ohio, presents a unique investment opportunity. The property boasts a total land area of 43,560 square feet and is conveniently situated directly off I-75 and Harding Highway, ensuring high visibility and accessibility. Currently vacant, this 1,500 square foot site offers significant potential for a variety of commercial uses, including retail or hospitality establishments. The property's strategic location within Allen County provides excellent exposure to a substantial customer base. The annual real estate taxes are $8,608.00, or $717.34 per month. The property is available for lease at an annual rent of $62,983.00, or $5,248.58 per month. This translates to a rate of $36.25 per square foot annually. Common area maintenance (CAM) charges are not applicable. This is an ideal opportunity for businesses seeking a high-traffic location with excellent visibility and convenient access to major transportation routes. The property's size and location make it suitable for a range of development possibilities. Don't miss this chance to secure a prime commercial property in a thriving Ohio market. The zip code is 45804.

    Property Features for 1703 Harding Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,500 SF

    Unit(s) available at that property

    Space
    Ground Lease
    Size
    1,500 SF

    HighLights

    • 1 Acre Lot (43,560 SF)
    • Ground Lease, As‑Is, Build‑to‑Suit Opportunity
    • 1,500 SF Existing Building
    • $75,000 Annual NNN Rent
    • Commercial Property
    • High Interstate Visibility with 40‑Foot Pylon Sign
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.074475168921
    Latitude
    40.730805390092

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    FAQs

    What type of property is this?
    Land - Prime Lima, Ohio commercial land, I-75 access.
    Where is this land located?
    The property is located at 1703 Harding Hwy Lima, OH.
    What are key features of this property?
    This property features: 1 Acre Lot (43,560 SF); Ground Lease, As-Is, Build-to-Suit Opportunity; 1,500 SF Existing Building
    Request Owner's contact information
    1703 Harding Hwy Lima, OH 45804
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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
    1703 Harding Hwy Lima, OH 45804
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