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    1415 Bellefontaine Ave Lima, OH 45804

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    For Sale
    Contact for pricing

    Prime Lima location, high traffic, NNN lease.

    Property size:
    14,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14,840-square-foot retail property, built in 2005, is ideally situated in Lima, Ohio, at the signalized intersection of Bellefontaine Avenue, Harding Highway, and South Leonard Avenue. The single-story building sits on a nearly two-acre lot (1.96 acres) providing excellent visibility and accessibility. Its prime location boasts significant traffic counts, with over 21,000 vehicles daily on Bellefontaine Avenue and over 26,000 vehicles daily on Harding Highway. The property's strategic positioning offers easy access to Interstate 75 (just 0.5 miles away), further enhancing its appeal. The building features a drive-thru, 65 parking spaces, and is zoned for commercial use. With approximately 330 feet of frontage on Bellefontaine Avenue, the property benefits from high visibility and convenient access via three curb cuts on South Robert Avenue and South Leonard Avenue. The property is well-maintained, with attractive landscaping, and is located near other established businesses. The property is offered with a Net, Net, Net (NNN) lease. The Allen County property (APN: 37-3212-16-007.000) presents a compelling investment opportunity in a thriving market. The high daily traffic counts on nearby major roadways, combined with the property's features and location, make this a highly desirable retail space.

    Property Features for 1415 Bellefontaine Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    14,840 SF
    Lot Size
    85,378 SF

    Building Details

    Year Built
    2005
    Stories
    1

    HighLights

    • High‑traffic location on Bellefontaine Avenue with excellent visibility.
    • 10,000+ square feet of versatile commercial space ideal for multiple uses.
    • Ample on‑site parking available for tenants and customers.
    • Property features a mix of office and retail space, adaptable to various business needs.
    • Strong potential for future development or expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Angela M. Guinn, ... Pharmacy Rite Aid Pharmacy Pharmacy David P. Mayerson, ... Pharmacy Rite Aid Drug Store Thomas Wiechart Pharmacy

    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
    -84.0792667
    Latitude
    40.7312447

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    FAQs

    What type of property is this?
    Individual retail property - Prime Lima location, high traffic, NNN lease.
    Where is this individual retail property located?
    The property is located at 1415 Bellefontaine Ave Lima, OH.
    What are key features of this property?
    This property features: High-traffic location on Bellefontaine Avenue with excellent visibility.; 10,000+ square feet of versatile commercial space ideal for multiple uses.; Ample on-site parking available for tenants and customers.
    (419) 346-5826
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    1415 Bellefontaine Ave 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
    1415 Bellefontaine Ave Lima, OH 45804
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