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Property summary
Situated in the thriving city of Lima, the area surrounding 924 E. Elm St. offers a dynamic mix of local attractions and amenities, making it an ideal location for a retail or strip center tenant. The property benefits from its close proximity to the busy commercial corridor along Elm Street, home to a variety of well-known retailers, restaurants, and local shops, creating a bustling atmosphere with a steady flow of foot traffic. Additionally, the Lima Mall and University of Northwestern Ohio serve as prominent destinations, catering to a diverse consumer base and further enhancing the area's appeal. With its favorable demographics, accessibility, and strong consumer base, the location provides an excellent opportunity for retail businesses to establish a strong presence and engage with the diverse needs of the Lima market.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Location Insight
- Alternative use
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