0 Industry Ave, Lima, OH 45804
This exceptional 11.57-acre parcel presents a prime opportunity for industrial development in Lima, Ohio. Located on Industry Ave, this property boasts convenient access to I-75, ensuring seamless transportation and logistics. The land is zoned for industrial use, allowing for a wide range of development possibilities. All utilities are readily available at street level, simplifying infrastructure connections and reducing development costs. The property's strategic location offers significant advantages for businesses seeking efficient distribution networks and a strong workforce. The asking price is $175,000, translating to $15,000 per acre, representing a compelling value for this strategically located industrial land. The Allen County location, with its proximity to major transportation arteries, makes this an attractive investment for businesses seeking to establish or expand their operations in a thriving industrial area. The property's APN is 47-0507-07-001.000. The site is rail-adjacent, providing additional logistical flexibility. This is a rare opportunity to acquire a sizable, well-situated industrial land parcel in a desirable Ohio location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.