2090 N Cable Rd, Lima, OH 45805
For Sale
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This exceptional 95,000 square foot industrial property, located at 2090 N Cable Rd in Lima, Ohio, presents a unique investment opportunity. Built in 2002, this single-story building sits on approximately 35.45 acres and boasts a prominent location directly across from the Lima Mall, ensuring high visibility and accessibility along Cable Road. The property's former use as a Home Depot provides a solid foundation for a variety of potential uses, subject to American Township zoning approval. Features include three loading docks, impressive 17-18 foot ceiling heights, and a B2 permitted zoning classification. The expansive size and versatile zoning make this property ideal for warehouse operations, light manufacturing, or retail redevelopment. The seller is open to considering land splits, offering flexibility for potential buyers with varying needs. This is a rare chance to acquire a large, well-located industrial property in a growing market. The asking price is $3,500,000. The property is currently vacant, allowing for immediate occupancy and customization. Its strategic location and substantial size make it an attractive proposition for businesses seeking significant space and high visibility in the Lima, Ohio area. The property's history as a successful retail operation further enhances its appeal and potential for future success.
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
Similar Nearby for Lease
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.