Property summary
This exceptional industrial property, located at 1840 N McCullough St, Lima, Ohio 45801, presents a compelling investment opportunity. The 4.5 million dollar asking price reflects the significant value offered by this light industrial zoned facility. Boasting a substantial 134 parking spaces, the property ensures ample room for employees and visitors. Its strategic location provides convenient access to I-75, streamlining logistics and transportation. The building itself features six dock-high doors, facilitating efficient loading and unloading operations. High ceilings, ranging from 20 to 29 feet, provide ample vertical space for various industrial uses, including manufacturing and warehousing. Further enhancing its functionality is the inclusion of substantial outside storage space, offering additional capacity for materials and equipment. The property also benefits from heavy power capabilities, accommodating energy-intensive operations. This well-appointed facility is ideally suited for a range of industrial businesses seeking a strategically located, well-equipped space in Allen County, Ohio. The property's combination of features, including ample parking, convenient highway access, high ceilings, multiple dock doors, and substantial outside storage, makes it a highly desirable asset in the Lima industrial market. The property is zoned for light industrial use.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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