Warehouse with Overhead Door and
North Lima, OH 44452 North Lima, OH 44452
New
North Lima, OH, 44452
$175,000
For Sale
$175,000
COMMERCIAL - North Lima, OH
Property Size840 SF
Lot Size0.24 Acres
Price / SF$208.33
Days on Market6
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.24 Acres
Building Details
- Year built
- 1955
Listing Agency
NextHome GO30 Realty
(330) 629-8888
8433 South Avenue, 1-4, OH
Listed by
Dan Dull · License #BRKP.2006000965,PersonLicenseNumber
(330) 540-9745
Added: Jul 16 Updated: Jul 20 at 3:58 pm Checked: Jul 21 at 5:06 am
MLS# 5197484
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This warehouse includes elevated ceilings, a 14-foot overhead door, and an overhead crane for equipment handling, vehicles, or storage. A mezzanine-level office provides convenient workspace or administrative space. The building is supported by gas heat and electricity for year-round usability.
The property sits on approximately a quarter-acre and includes a fenced-in rear area suitable for secure storage or outdoor operations. A private well supplies water to the site.
The overall configuration is designed to combine warehouse functionality with on-site office space while offering an enclosed exterior area for additional storage needs.
The property sits on approximately a quarter-acre and includes a fenced-in rear area suitable for secure storage or outdoor operations. A private well supplies water to the site.
The overall configuration is designed to combine warehouse functionality with on-site office space while offering an enclosed exterior area for additional storage needs.
Key Highlights
- 840 sq ft warehouse on approximately 1/4 acre in Beaver Township, built in 1955
- 14‑foot overhead door plus overhead crane for equipment handling, vehicles, or storage
- Elevated ceilings and mezzanine‑level office for additional workspace or administration
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.4k | $15.96 |
| − Vacancy | −$2.7k | −$3.19 |
| EGI | $10.7k | $12.77 |
| − OpEx | −$2.7k | −$3.19 |
| NOI | $8.0k | $9.58 |
840 SF · lease $15.96/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$114.9K
$100.6K – $134.1K
NOI $8,044 @ 7.0% cap · market cap 4.60%
Second Best
Warehouse
$59.9K
$52.4K – $69.9K
NOI $4,191 @ 7.0% cap · market cap 2.39%
Theoretical Best
Office A
$158.5K
$138.7K – $184.9K
NOI $11,096 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Warehouse with elevated ceilings, 14-foot overhead door, overhead crane, and mezzanine office space.
Where is this warehouse located?
The property is located at North 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: 840 sq ft warehouse on approximately 1/4 acre in Beaver Township, built in 1955; 14‑foot overhead door plus overhead crane for equipment handling, vehicles, or storage; Elevated ceilings and mezzanine‑level office for additional workspace or administration
