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    1495 Findlay Rd Lima, OH 45801

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    For Lease
    Contact for pricing

    1,176 SF Industrial Building, 0.55 Acres

    Lot size:
    1,176 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,176-square-foot industrial building, situated on a 0.55-acre lot in Lima, Ohio, presents a unique investment opportunity. Built in 1970, this single-story Class D property is currently vacant and ready for immediate occupancy. The building is ideally located less than half a mile from I-75 on Findlay Rd, benefiting from excellent highway access and proximity to growing industrial businesses. Its strategic location across from a major limestone quarry further enhances its potential. The property features ample parking for 14 vehicles and a 146-foot frontage. This versatile space is suitable for various uses, including a truck service station or quick-service restaurant (QSR). The property's annual real estate taxes are $1,455, or $121.25 monthly. The annual lease rate is $25,455, translating to a monthly rent of $2,121.25. The Allen County property is identified by APN 37-29-00-02-010.000. This is a single-tenant property with significant potential for growth in a developing area. The property's previous use was as a service station.

    Property Features for 1495 Findlay Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,176 SF
    Class
    D

    Building Details

    Year Built
    1970
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,176 SF

    HighLights

    • High‑visibility site, less than half a mile from I‑75 on Findlay Rd., surrounded by growing industrial development.
    • 0.55‑acre lot with 146 feet of frontage.
    • Ideal for a truck stop or quick‑service restaurant (QSR), situated across from a major limestone quarry.
    • 2,211 square foot building with 14 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.083265248131
    Latitude
    40.754467561116

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    FAQs

    What type of property is this?
    Retail property - 1,176 SF Industrial Building, 0.55 Acres
    Where is this retail property located?
    The property is located at 1495 Findlay Rd Lima, OH.
    What are key features of this property?
    This property features: High-visibility site, less than half a mile from I-75 on Findlay Rd., surrounded by growing industrial development.; 0.55-acre lot with 146 feet of frontage.; Ideal for a truck stop or quick-service restaurant (QSR), situated across from a major limestone quarry.
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    1495 Findlay Rd Lima, OH 45801
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    Lima, OH 45801
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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
    1495 Findlay Rd Lima, OH 45801
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