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    Industry Ave Lima, OH 45804

    For Sale
    $175,000

    11.57 Acres, $175,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 11.57-acre parcel presents a prime opportunity for industrial development in Lima, Ohio. Located on Industry Ave, this property boasts convenient access to I-75, ensuring seamless transportation and logistics. The land is zoned for industrial use, allowing for a wide range of development possibilities. All utilities are readily available at street level, simplifying infrastructure connections and reducing development costs. The property's strategic location offers significant advantages for businesses seeking efficient distribution networks and a strong workforce. The asking price is $175,000, translating to $15,000 per acre, representing a compelling value for this strategically located industrial land. The Allen County location, with its proximity to major transportation arteries, makes this an attractive investment for businesses seeking to establish or expand their operations in a thriving industrial area. The property's APN is 47-0507-07-001.000. The site is rail-adjacent, providing additional logistical flexibility. This is a rare opportunity to acquire a sizable, well-situated industrial land parcel in a desirable Ohio location. Serious inquiries are encouraged.

    Property Features for 0 Industry Ave

    General Information

    Property type
    Land
    Lot Size
    503,989 SF

    HighLights

    • $175,000 asking price for 11.57 acres of industrial land.
    • Located in Lima, Ohio, with an Allen County address on Industry Ave, zip code 45804.
    • Zoned for industrial use.
    • $15,000 per acre land value.
    • Excellent location with I‑75 access and rail adjacency.
    • Utilities available at the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.08302
    Latitude
    40.72542

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    FAQs

    What type of property is this?
    Land - 11.57 Acres, $175,000
    Where is this land located?
    The property is located at Industry Ave Lima, OH.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: $175,000 asking price for 11.57 acres of industrial land.; Located in Lima, Ohio, with an Allen County address on Industry Ave, zip code 45804.; Zoned for industrial use.
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    Industry 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
    Industry Ave Lima, OH 45804
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