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Financial
Distress signals
Property profile

701 W Vine St Lima, OH 45804

FOR SALE
Warehouses
Property ID
US66-2377402
47,368 SF 5.16 ac lot Built 1922
Last sale Apr 2025 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 150,000-square-foot manufacturing facility, located at 701 W. Vine Street in Lima, Ohio, presents a compelling investment opportunity. Built in 1940 and situated on a large fenced lot, the property boasts a desirable Second Industrial Heavy zoning permit. The asking price is $1,900,000, translating to a competitive price per square foot of $12.67. Currently fully leased, this income-producing asset offers a strong 8% capitalization rate, making it an attractive addition to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$142k
Assessed land$36k
Assessed improvement$105k
Effective rate8.31%

Value estimate

· Oct 2026
$520k
$468k – $572k
NOI build-up
Gross scheduled income$962k
Vacancy & credit loss−$81k
Operating expenses−$264k
NOI · 15.80% cap applied$616k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$36/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$14 – $55

Cap rate analysis

How does the asset earn?
15.80%
$616k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency17.7
Dental Office14.6
Law Firm14.2

Location

701 W Vine St Lima, OH 45804
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3535 Saint Johns, Lima, OH 45804-4016 $3,400,000 Jun 2025 57,088 SF
750 Buckeye, Lima, OH 45804-1906 $2,074,200 Feb 2025 19,470 SF
2300 Central Pt, Lima, OH 45804-3806 $1,032,000 Jun 2022 22,500 SF
1107 Kibby, Lima, OH 45804-1649 $100,000 Aug 2021 21,364 SF
571 Commerce, Lima, OH 45804-4010 $10,650,000 Jul 2021 100,000 SF
1601 4th, Lima, OH 45804-2711 $4,250,000 Dec 2020 109,950 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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