165 E Circular St, Lima, OH 45804
For Sale
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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 loading and unloading operations. The property's sprinkler system is currently inactive. The convenient location in Allen County, Ohio, offers easy access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics. The property's APN is 37311104013000&37311105004000. This warehouse offers significant potential for a variety of industrial uses and represents a strong value proposition in the Lima market. The price per square foot is $14.51.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.