0 Market St North Lima, OH 44452
This exceptional 2.8-acre commercial land parcel presents a unique investment opportunity in North Lima, Ohio. Ideally situated on Market Street (Route 7), this property boasts convenient access to major roadways, including proximity to the Ohio Turnpike (exit 232) and the intersection of Western Reserve Road. Its strategic location is approximately 500 feet north of the Mercy Health campus, ensuring high visibility and potential for significant foot traffic. The property is zoned for commercial use and benefits from the availability of all standard utilities, making it ready for immediate development. The parcel's size offers ample space for a variety of commercial ventures, from retail establishments to medical offices, taking advantage of the nearby hospital. With its prime location and accessibility, this land presents a compelling opportunity for investors seeking high-growth potential in a thriving area. The property's APN is 04-066-0-016.00-0, and it's located in Mahoning County, Ohio, zip code 44452. This is a rare chance to acquire a substantial commercial lot in a desirable location with excellent visibility and access to key transportation routes. The asking price is $285,000.
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
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.