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12433 South Ave 19,742 SF 100% Leased Industrial Building North Lima, OH 44452 $800,000 ($40.52/SF)
INVESTMENT HIGHLIGHTS
- Income producing property
- 24 hour access
EXECUTIVE SUMMARY
This property does have some rental income. There is also space (5,000 +/- sf) that the buyer could occupy.
LAND: 3.129 acres total land area.
BUILDINGS: South building, 2000 construction = 7,040 square feet. 40’ X 176’
North building, 1998 = 12,702 square feet. 87’ X 146’ plus covered storage on North wall.
REAL ESTATE TAXES: $5,677.81 annual, 2024 tax year. 1parcel # 05-059-0-007
RENTAL INCOME: $2,697 plus $970 per month = $44,004 per year. Both tenants are long term and month to month.
LAND: 3.129 acres total land area.
BUILDINGS: South building, 2000 construction = 7,040 square feet. 40’ X 176’
North building, 1998 = 12,702 square feet. 87’ X 146’ plus covered storage on North wall.
REAL ESTATE TAXES: $5,677.81 annual, 2024 tax year. 1parcel # 05-059-0-007
RENTAL INCOME: $2,697 plus $970 per month = $44,004 per year. Both tenants are long term and month to month.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$44,004
|
$3.12
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$44,004
|
$3.12
|
| Taxes |
$5,678
|
$0.40
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,678
|
$0.40
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $44,004 |
| Annual Per SF | $3.12 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $44,004 |
| Annual Per SF | $3.12 |
| Taxes | |
|---|---|
| Annual | $5,678 |
| Annual Per SF | $0.40 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $5,678 |
| Annual Per SF | $0.40 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $800,000 | Rentable Building Area | 19,742 SF |
| Price Per SF | $40.52 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1998 |
| Property Type | Industrial | Parking Ratio | 0.61/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 3.13 AC | ||
| Zoning | C-C | ||
| Price | $800,000 |
| Price Per SF | $40.52 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.13 AC |
| Rentable Building Area | 19,742 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 0.61/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | C-C |
1 1
PROPERTY TAXES
| Parcel Number | 05-059-0-007.00-0 | Total Assessment | $95,230 |
| Land Assessment | $17,520 | Annual Taxes | $5,678 ($0.29/SF) |
| Improvements Assessment | $77,710 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
05-059-0-007.00-0
Land Assessment
$17,520
Improvements Assessment
$77,710
Total Assessment
$95,230
Annual Taxes
$5,678 ($0.29/SF)
Tax Year
2024
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12433 South Ave
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