Property summary
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
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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