You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Strip malls

927 N Cable Rd Lima, OH 45805

0.13 ac lot
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US66-3875133
Property summary
AI-generated overview

Clocktower Plaza, located at 927 N Cable Rd, Lima, OH 45805, presents a significant retail investment opportunity. This single-tenant strip center boasts a substantial 238,000 square feet of vacant space, representing a unique chance to establish a major presence in the Lima market. Currently at 25% occupancy, the plaza offers considerable potential for growth and development. Existing tenants include well-known national and regional brands such as Pet Supplies Plus, Dollar Tree, Planet Fitness, and GameStop, demonstrating the location's appeal and drawing power. The property benefits from a highly visible location with easy access, enhanced by a traffic light and ample parking. The property management is actively committed to ongoing improvements, aiming to increase the overall value and desirability of the plaza. Various leasing options are available to accommodate diverse space requirements, making this a flexible and attractive proposition for businesses seeking to expand or establish themselves in a thriving Lima community. This is an exceptional opportunity to create a premier shopping destination in a prime location within a flourishing area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Lot 0.13 ac (5,663 SF)
APN 36-2701-01-001.002
UPID US66-3875133
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
Current use
Occupant on record · Public records
  • The Judgement Free Zone Gym & Fitness Center
  • Palm Beach Tan Tanning Salon
  • China Wok Restaurant
  • Gary D. Adams Jr, RPh Pharmacy
  • Ray's Clock Tower Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Clocktower Plaza LLC · 10 yrs held
Clocktower Plaza LLC
since 2016
4 recorded transactions
2024
Price N/A
2016
$4.6M
2012
Price N/A
2007
$12.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message