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2395 St Johns Rd Lima, OH 45804

OFF-MARKET Warehouses Google Maps
35,000 SF 29.92 ac lot Built 1966
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional investment opportunity presents a 35,000 square foot warehouse situated on a substantial 29.92-acre lot in Lima, Ohio. Located just half a mile from I-75, this Class C industrial property offers unparalleled access to major transportation routes. Built in 1966 and renovated in 1986, the property comprises four single-story buildings with a 16-foot ceiling height. The property features ample parking with 60 spaces and is zoned for light industrial use, allowing for a wide range of potential applications. The asking price is $1,200,000, translating to $34.29 per square foot. While current occupancy and inventory limit the quality of available photos, the property's strategic location and substantial size make it an attractive investment. Note that the property is currently occupied, and possession will be negotiated upon acceptance of an offer. An auction is planned for August; however, pre-auction offers will be considered. This property presents a unique chance to acquire a well-positioned industrial asset with significant potential.

Property profile

Verified
Property type Warehouses
Year built 1966
Total area 35,000 SF
Lot 29.92 ac (1,303,315 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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