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    2675 West St Lima, OH 45801

    Sponsored
    For Sale
    $200,000

    2,322 SF Flex Space, High Traffic

    Property size:
    2,322 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 2,322 square foot industrial property, built in 1964, sits on a 0.753-acre lot in Lima, Ohio (45801), zoned B-2. Located on State Route 65, it offers high visibility and traffic. The single building features recent updates including a newer roof, water line, plumbing, fresh gravel, and gas line. Permitted uses are extensive and include, but are not limited to: business and professional offices, food and beverage establishments, specialty shops, service and recreation businesses, major retail outlets, automotive and industrial uses, residential and community facilities (up to 10 single-family units), and specialty facilities such as bars, microbreweries, and animal kennels. This versatile property presents a significant investment opportunity in a prime commercial area, ideal for a variety of businesses seeking high visibility and accessibility. The property's APN is 36-1304-06-011.000. This is a rare chance to acquire a well-maintained property with diverse potential in a thriving commercial zone.

    Property Features for 2675 West St

    General Information

    Property type
    Distribution properties
    Square Feet
    2,322 SF
    Lot Size
    32,801 SF

    Building Details

    Year Built
    1964
    Buildings
    1

    HighLights

    • Prime commercial property at 2675 N West St, Lima, OH, situated on high‑traffic State Route 65, offering excellent visibility and accessibility.
    • Flexible zoning allows for diverse commercial uses.
    • Located in a high‑demand area with strong growth potential and investment stability.
    • Suitable for various businesses including bars, microbreweries, animal kennels, and veterinary clinics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cranks Towing and heavy ... Mechanic affordable auto Car Repair And Maintenance

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.1091978
    Latitude
    40.7766933

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    FAQs

    What type of property is this?
    Distribution property - 2,322 SF Flex Space, High Traffic
    Where is this distribution property located?
    The property is located at 2675 West St Lima, OH.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Prime commercial property at 2675 N West St, Lima, OH, situated on high-traffic State Route 65, offering excellent visibility and accessibility.; Flexible zoning allows for diverse commercial uses.; Located in a high-demand area with strong growth potential and investment stability.
    Request Owner's contact information
    2675 West St 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
    2675 West St Lima, OH 45801
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