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    Property profile & analytics
    OFF-MARKET
    Warehouses

    1840 Mccullough St, Lima, OH 45801-3059

    1.92 ac lot
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US66-4252786
    Property summary
    AI-generated overview

    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
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Lot 1.92 ac (83,809 SF)
    APN 37-1900-01-009.000
    UPID US66-4252786
    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
    Current use
    Occupant on record · Public records
    • Carlson Quality Brake Parts Auto Repair Shop
    • International Brake Industries Auto Repair Shop
    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
    Arla Investments Ltd · 10 yrs held
    Arla Investments Ltd
    since 2016
    1 recorded transaction
    2016
    $2.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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