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    Market St North Lima, OH 44452

    For Sale
    $285,000

    2.8 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.8-acre commercial land parcel presents a unique investment opportunity in North Lima, Ohio. Ideally situated on Market Street (Route 7), this property boasts convenient access to major roadways, including proximity to the Ohio Turnpike (exit 232) and the intersection of Western Reserve Road. Its strategic location is approximately 500 feet north of the Mercy Health campus, ensuring high visibility and potential for significant foot traffic. The property is zoned for commercial use and benefits from the availability of all standard utilities, making it ready for immediate development. The parcel's size offers ample space for a variety of commercial ventures, from retail establishments to medical offices, taking advantage of the nearby hospital. With its prime location and accessibility, this land presents a compelling opportunity for investors seeking high-growth potential in a thriving area. The property's APN is 04-066-0-016.00-0, and it's located in Mahoning County, Ohio, zip code 44452. This is a rare chance to acquire a substantial commercial lot in a desirable location with excellent visibility and access to key transportation routes. The asking price is $285,000.

    Property Features for 0 Market St

    General Information

    Property type
    Land
    Lot Size
    121,968 SF

    HighLights

    • 2.8‑acre commercial land parcel in North Lima, Ohio.
    • Prime location on Market Street (Route 7), near Ohio Turnpike (exit 232) and Western Reserve Road.
    • High visibility, 500 feet from Mercy Health campus.
    • Zoned commercial with all utilities available.
    • Suitable for various commercial uses, including retail and medical offices.
    • Asking price: $285,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Lima
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.662447070402
    Latitude
    40.982694901905

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 2.8 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at Market St North Lima, OH.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: 2.8-acre commercial land parcel in North Lima, Ohio.; Prime location on Market Street (Route 7), near Ohio Turnpike (exit 232) and Western Reserve Road.; High visibility, 500 feet from Mercy Health campus.
    (330) 746-6581
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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
    Market St North Lima, OH 44452
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