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    OFF-MARKET
    Auto shops

    885 Delphos Ave, Lima, OH 45801-3918

    6,474 SF 0.56 ac lot Built 1963
    Individually Owned Free & Clear
    Property ID
    US66-6126329
    Property summary
    AI-generated overview

    This exceptional 10,410-square-foot industrial building in Lima, Ohio, presents a unique investment opportunity. Located at 885 Delphos Ave, this single-story, Class B property sits on a 0.56-acre lot and boasts a 16-foot ceiling height. Built in 1963 and renovated in 1969, the building is zoned for commercial garages, offering versatile usage potential. The property's adaptable layout includes a reception area and a private office, making it suitable for a variety of businesses. The building's functionality is further enhanced by drive-thru doors, ideal for businesses requiring easy access for vehicles and equipment. With a net rentable area of 10,410 square feet, the asking price is $249,000, translating to $23.92 per square foot. The property's APN is 36-2512-11-005.000, and it is privately owned. This all-purpose flex building is ready for immediate occupancy and presents a compelling opportunity for entrepreneurs and investors alike. Its location in Lima, Allen County, Ohio (zip code 45801) provides convenient access to transportation routes and local amenities. The property's adaptable design and prime location make it an attractive option for a wide range of commercial uses, including distribution, flex space, and manufacturing.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1963
    Total area 6,474 SF
    Lot 0.56 ac (24,394 SF)
    APN 36-2512-11-005.000
    UPID US66-6126329
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Nicholas A Roebuck
    Nicholas A Roebuck
    since 2025
    Last sale
    $145,700
    2 recorded transactions
    2025
    $145,700
    2003
    $144,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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