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    10708 Market St North Lima, OH 44452

    For Sale
    $1,500,000

    10,600 SF Flex Space; Redevelopment Opportunity.

    Property size:
    10,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Exceptional redevelopment opportunity in North Lima, Ohio! This 10,600 square foot vacant flex space, situated on a 2.7-acre lot, presents significant potential. The building, constructed in 2003, is located at 10708 Market St, 44452, boasting a prime location at the intersection of the Ohio Turnpike (I-76) and State Route 7. The interior has been recently demolished, providing a clean slate for your vision. The property is zoned GC and offers versatile usage possibilities, including warehouse, flex space, and retail. Considerable upside exists due to the planned opening of a Loves Travel Stops and County Store directly across the street in 2024, and the proposed redevelopment of a former truck stop to the south. The substantial lot size also allows for potential industrial outdoor storage (IOS) opportunities, either through land lease or building lease. The asking price is $1,500,000, translating to $141.51 per square foot. This NNN lease property is ready for immediate development. Don't miss this chance to capitalize on this high-traffic location and create a thriving business.

    Property Features for 10708 Market St

    General Information

    Property type
    Flex space
    Square Feet
    10,600 SF
    Lot Size
    117,612 SF

    Building Details

    Year Built
    2003
    Buildings
    1

    HighLights

    • $1,500,000 asking price for a 10,600 square foot flex building.
    • Located at 10708 Market St, North Lima, OH 44452, on a 2.7‑acre lot.
    • 2003 construction with a GC zoning designation.
    • Currently vacant, offering a redevelopment opportunity.
    • High‑traffic location at I‑76 and State Route 7, near a new Loves Travel Stop.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    North Lima
    County
    Mahoning
    State
    Ohio
    Longitude
    -80.6601276
    Latitude
    40.962603

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    FAQs

    What type of property is this?
    Flex space - 10,600 SF Flex Space; Redevelopment Opportunity.
    Where is this flex space located?
    The property is located at 10708 Market St North Lima, OH.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for a 10,600 square foot flex building.; Located at 10708 Market St, North Lima, OH 44452, on a 2.7-acre lot.; 2003 construction with a GC zoning designation.
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    North Lima, OH 44452
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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
    10708 Market St North Lima, OH 44452
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