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Financial
Distress signals
Property profile

165 E Circular St Lima, OH 45804

FOR LEASE
Warehouses
Property ID
US66-2561776
13,774 SF 0.89 ac lot Built 1956
Last sale Apr 2026 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 13,774 square foot warehouse, located at 165 E Circular St, Lima, OH 45804, presents a compelling investment opportunity at an asking price of $199,900. The property, classified as Class C industrial, boasts a single story design and sits on a generous 1.272-acre lot. Built in 1956 and renovated in 1988, the warehouse features variable ceiling heights ranging from 13 to 20 feet, providing ample storage and operational flexibility. A single loading dock facilitates efficient…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$23k
Assessed land$6k
Assessed improvement$17k
Effective rate7.85%

Value estimate

· Oct 2026
$205k
$185k – $226k
AI approach$280k
NOI build-up
Gross scheduled income$88k
Vacancy & credit loss−$7k
Operating expenses−$24k
NOI · 1,415,000.00% cap applied$57k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$36/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$14 – $55

Cap rate analysis

How does the asset earn?
1,415,000.00%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency10.8
Parking Facility10.3
Computer & Electronic Repair9.6

Location

165 E Circular St Lima, OH 45804
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3161 Harding, Lima, OH 45804-3511 $235,000 Jan 2026 11,096 SF
585 Liberty Cmns, Lima, OH 45804-1829 $600,000 Jan 2026 18,080 SF
750 Buckeye, Lima, OH 45804-1906 $2,074,200 Feb 2025 19,470 SF
961 Industry, Lima, OH 45804-4171 $1,416,000 Mar 2023 12,100 SF
1078 Metcalf, Lima, OH 45804-1037 $350,000 Dec 2022 10,821 SF
1264 Hanthorn, Lima, OH 45804-3932 $143,090 Nov 2022 12,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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