4565 Elida RdElida, OH 45807

  • Other commercial real estate
  • 30,200 SF
For Sale
$1,850,000 View listing

Property Details for 4565 Elida Rd

Year built
2000
Lot size
2.63 AC
Property size (Sq ft)
30,200 SF
Property type
Other commercial real estate
APN
36-1701-01-004.001
APU
36170101004001

Description

This exceptional investment opportunity presents a state-of-the-art, 30,200-square-foot sports facility situated on 2.63 acres in Elida, Ohio. Located conveniently off Elida Road near Lima, this multi-purpose complex is designed to host a wide array of sporting events and private functions year-round. The spacious indoor arena is adaptable for basketball, volleyball, indoor soccer, and features fields suitable for football and baseball, along with a batting cage. A dedicated spectator area ensures optimal viewing for attendees. Beyond the arena, the property includes ample locker rooms, substantial storage areas, and administrative offices. Built in 2000, this single-building complex is zoned for commercial use and offers significant potential for diverse applications beyond its current configuration. The asking price is $1,850,000, translating to $61.26 per square foot. This high-traffic location presents a compelling investment opportunity encompassing the business, building, and land.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,632,954
    Hospitality
    $6,075,750
    Educational
    $5,054,952
    Medical
    $5,228,800
    Retail
    $7,863,260
4565 Elida Rd, Elida, Ohio

Location Insight

City
Lima
County
Allen
State
Ohio
Latitude
40.781
Longitude
-84.19
CBSA code
30620
CBSA name
LIMA, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,494
$40,390
$429,000
$469,390
-
$115,400
$1,225,700
$1,341,100

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