2101 Central Point PkwyLima, OH 45804
- Land
- 2.97 AC
Property Details for 2101 Central Point Pkwy
- Lot size
- 2.97 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 47-0700-04-012.000
- APU
- 47070004012000
Description
This exceptional Class A redevelopment opportunity presents a vacant 8,320-square-foot auto shop situated on a 1.18-acre lot in Lima, Ohio. Built in 2019, the single-story building boasts a desirable M1 zoning designation, offering significant flexibility for various automotive-related or other permitted uses. The property is currently vacant, providing immediate possession subject to tenant rights, with a high likelihood of possession at closing. Located at 2101 Central Point Pkwy, Lima, OH 45804, this strategically positioned property offers excellent visibility and accessibility. The asking price is $1,135,000, translating to $136.42 per square foot. In addition to purchase, a lease option is available at $10.75 per square foot, triple net. This presents a unique chance to acquire a well-constructed, recently built property in a prime location, ideal for investors seeking a strong return on investment or entrepreneurs looking to establish a thriving automotive business. The property's size and zoning provide ample room for expansion or adaptation to suit a variety of commercial needs. Don't miss this chance to capitalize on this promising redevelopment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $28,414,738
- Hospitality
- $26,027,748
- Educational
- $21,654,780
- Medical
- $22,399,522
- Retail
- $33,685,216
Location Insight
- City
- Lima
- County
- Allen
- State
- Ohio
- Latitude
- 40.7068
- Longitude
- -84.0908
- CBSA code
- 30620
- CBSA name
- LIMA, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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