3255 Fort Shawnee Industrial DrLima, OH 45806

Property Details for 3255 Fort Shawnee Industrial Dr

Year built

2001

Lot size

5.54 AC

Property size (Sq ft)

31,867 SF

Property type

Retail properties

Property subtype

Retail space

APN

46-1300-03-001.009

APU

46130003001009

Description

This exceptional mixed-use property, located at 3255 Fort Shawnee Industrial Drive in Lima, Ohio, presents a compelling investment opportunity. The 34,762 square foot building sits on a prominent site boasting high visibility from I-75, with convenient access just one minute from Exit 120. The property features a large showroom, ideal for showcasing products or services, and ample parking with 65 spaces to accommodate customers and employees. The two-story structure is zoned for Industrial & Business Wholesale use, offering versatility for a range of businesses. The Allen County location, with zip code 45806, provides easy access to major transportation routes. The property's assessed value is not provided, but the asking price is $2,900,000. A virtual tour is available online. This is a rare opportunity to acquire a well-situated, substantial commercial property in a thriving Ohio market. The property's single building structure simplifies management and maintenance. The substantial square footage and prime location make this an attractive investment for discerning buyers seeking high visibility and convenient access. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $8,988,743

  6.5%

  $8,297,301

  7%

  $7,704,636

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,581,202

  Geo Method

  $1,581,202

• Alternative Use

  Use

  Valuation

  Residential

  $6,999,084

  Hospitality

  $6,411,123

  Educational

  $5,333,979

  Medical

  $5,517,423

  Retail

  $8,297,301

Location Insight

City

Cridersville

County

Allen

State

Ohio

Latitude

40.6916

Longitude

-84.1193

CBSA code

30620

CBSA name

LIMA, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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