Property profile

413 Flanders Ave Lima, OH 45801

OFF-MARKET
Other commercial real estate
Property ID
US66-2629354
4,752 SF 0.86 ac lot Built 1966
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 4,750-square-foot industrial building that includes approximately 1,200 square feet of office space and about 3,000 square feet of heated warehouse area. It is located on a large fenced lot and has two 20-foot overhead garage doors for warehouse access. The office portion consists of four private offices, two restrooms, and shared workspace designed to accommodate multiple employees. The building is equipped with 3-phase electric service and is configured to support a range of commercial, light industrial, contractor/service, and secure storage uses. The property is zoned I.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1966
Total area 4,752 SF
Lot 0.86 ac (37,505 SF)
APN 37-3007-01-012.000
UPID US66-2629354

Cap rate & NOI

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

Location

413 Flanders Ave Lima, OH 45801-4117
Lima metro Census 14100 LIMA, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2026
3 recorded transactions
2026
$215,500
2012
$51,000
1969
Price N/A

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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