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911 Spencerville Rd 241,248 SF Industrial Building Delphos, OH 45833 $4,900,000 ($20.31/SF)
Investment Highlights
- For Sale or Lease
- Lima(Allen County) ranked #3 for its size in the US by Site Selection magazine
- 16'-30' Clear Height
- Located in region nationally recognized for industrial development with large new developments in the surrounding areas
- Strong regional labor workforce
- Six dock doors
Executive Summary
Property Facts
| Price | $4,900,000 | Rentable Building Area | 241,248 SF |
| Price Per SF | $20.31 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1935/1977 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 0.88/1,000 SF |
| Building Class | C | Clear Ceiling Height | 30’ |
| Lot Size | 12.00 AC | No. Dock-High Doors/Loading | 6 |
| Zoning | I-2 - Industrial District | ||
| Price | $4,900,000 |
| Price Per SF | $20.31 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 12.00 AC |
| Rentable Building Area | 241,248 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1935/1977 |
| Tenancy | Single |
| Parking Ratio | 0.88/1,000 SF |
| Clear Ceiling Height | 30’ |
| No. Dock-High Doors/Loading | 6 |
| Zoning | I-2 - Industrial District |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Manufacturing
- -
- -
- -
Palmer-Donavin began in 1907 when founders Fred Palmer and John Donavin acquired Carmen Manufacturing in Columbus, Ohio. The company transitioned from noodles to sheet metal production before becoming a building materials distributor in the 1930s. Today, Palmer-Donavin operates as both a distributor and door fabricator serving the Midwest and Southeast. The company remains 100% employee-owned through an ESOP structure established in 2007. Palmer-Donavin continues expanding its product offerings and geographic reach through strategic acquisitions.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Manufacturing | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
The property is a 241,248sf industrial building on 12 acres at the south edge of Delphos. This property can be used for manufacturing or warehouse/distribution. Clear height ranges from 16' up to 30'. This size of property is unique with the general lack of inventory in the region.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 241,248 SF | Industrial | Full Build-Out | 30 Days |
1st Floor
| Size |
| 241,248 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 241,248 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | 30 Days |
The property is a 241,248sf industrial building on 12 acres at the south edge of Delphos. This property can be used for manufacturing or warehouse/distribution. Clear height ranges from 16' up to 30'. This size of property is unique with the general lack of inventory in the region.
Property Taxes
| Parcel Numbers | Improvements Assessment | $345,350 | |
| Land Assessment | $88,380 | Total Assessment | $433,730 |
Property Taxes
Presented by
911 Spencerville Rd
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