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    FOR SALE
    Warehouses

    165 E Circular St, Lima, OH 45804

    13,774 SF 0.89 ac lot Built 1956
    Entity Owned Free & Clear
    Property ID
    US66-2561776
    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 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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1956
    Total area 13,774 SF
    Lot 0.89 ac (38,551 SF)
    APN 37-3111-05-004.000
    UPID US66-2561776
    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
    Bluebird Property Group LLC
    Bluebird Property Group LLC
    since 2026
    Last sale
    $142,200
    5 recorded transactions
    2026
    $100,000
    2025
    $142,200
    2025
    2024
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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