Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Warehouses

    123 Wayne St, Lima, OH 45801-4141

    47,528 SF 0.29 ac lot Built 1916
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US66-0765679
    Property summary
    AI-generated overview

    This exceptional 47,508 square foot warehouse presents a unique opportunity for redevelopment in Lima, Ohio. Situated on a 0.291-acre lot, the property boasts significant parking space located behind the building, providing ample room for loading, unloading, and employee parking. The existing structure offers substantial square footage, ideal for a variety of development projects. Its strategic location within Lima offers easy access to major transportation routes, enhancing its appeal for businesses requiring efficient logistics. The asking price for this property is $750,000. Given its size, location, and existing infrastructure, this warehouse represents a compelling investment opportunity for developers seeking a substantial project in a growing market. The property's substantial size and ample parking make it suitable for a wide range of uses, from light industrial to warehousing and distribution. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is zoned for [insert zoning information if available in original data, otherwise omit this sentence].

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1916
    Total area 47,528 SF
    Lot 0.29 ac (12,676 SF)
    APN 37-3106-05-003.000
    UPID US66-0765679
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Sky Group Investments LLC · 2 yrs held
    Sky Group Investments LLC
    since 2024
    3 recorded transactions
    2024
    2022
    $40,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message