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Property profile & analytics
FOR SALE
Bars & Pubs

10708 Market St North Lima, OH 44452

10,600 SF 2.69 ac lot Built 2003
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-1318553
Property summary
AI-generated overview

Exceptional redevelopment opportunity in North Lima, Ohio! This 10,600 square foot vacant flex space, situated on a 2.7-acre lot, presents significant potential. The building, constructed in 2003, is located at 10708 Market St, 44452, boasting a prime location at the intersection of the Ohio Turnpike (I-76) and State Route 7. The interior has been recently demolished, providing a clean slate for your vision. The property is zoned GC and offers versatile usage possibilities, including warehouse, flex space, and retail. Considerable upside exists due to the planned opening of a Loves Travel Stops and County Store directly across the street in 2024, and the proposed redevelopment of a former truck stop to the south. The substantial lot size also allows for potential industrial outdoor storage (IOS) opportunities, either through land lease or building lease. The asking price is $1,500,000, translating to $141.51 per square foot. This NNN lease property is ready for immediate development. Don't miss this chance to capitalize on this high-traffic location and create a thriving business.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 2003
Total area 10,600 SF
Lot 2.69 ac (117,133 SF)
APN 05-061-0-019.00-0
UPID US66-1318553
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
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$559k
Blend (final) Blend
$630k
Owner & transaction history
10708 Market Street LLC · 3 yrs held
10708 Market Street LLC
since 2023
Last sale
$750,000
1 recorded transaction
2023
$750,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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