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    OFF-MARKET
    Land

    0 Industry Ave, Lima, OH 45804

    11.57 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 11.57 ac (503,989 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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