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Property profile

1945 Elida Rd Lima, OH 45805

OFF-MARKET
Parking lots & garages
Property ID
US66-2930998
1.19 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 10,000-square-foot retail property is ideally situated in a high-traffic area of Lima, Ohio, offering significant potential for a variety of businesses. The single-tenant building boasts ample parking with 75 spaces, ensuring convenient access for customers. The property sits on a two-acre lot, providing ample space and visibility. The building itself is in excellent condition, ready for immediate occupancy. Its strategic location near the University of Northwestern Ohio campus provides a strong customer base and significant foot traffic. This presents a unique opportunity for a business seeking a well-maintained, spacious retail location in a thriving area. The property's size and parking capacity make it suitable for a wide range of retail uses, from larger format stores to multiple smaller businesses. The high visibility and convenient location promise strong potential for attracting customers and building a successful enterprise. Serious inquiries are encouraged to explore this exceptional retail opportunity further. Contact the listing agent for showings.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 1.19 ac (51,836 SF)
APN 36-2606-02-002.001
UPID US66-2930998

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1945 Elida Rd Lima, OH 45805-1514
Lima metro Census 11000 LIMA, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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