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- LoopNet Team
2913 Vera Way
Lima, OH 45805
American Self Storage · Specialty Property For Sale · 97,500 SF
Investment Highlights
- 106,050 SF plus possible expansion land.
- Includes high traffic Pennzoil and 5-Bay Car Wash.
- Property has the lowest rates in the current market with major upside for future owner in parking or climate control expansion and increasing all rate
- 605 units plus parking and a large, lighted marquis sign.
- Paved and Fenced with 2 Electronic Gates.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 97,500 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 2004/2019 |
| Lot Size | 7.51 AC |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 7.51 AC |
| Building Size | 97,500 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2004/2019 |
About 2913 Vera Way , Lima, OH 45805
Final Phase construction was just completed on this attractive Self Storage Property with 106,050 SF. The property is paved and fully fenced with a lighted marquis sign and 2 electronic gates. There are a variety of unit sizes including high-demand, tall RV units. Possible corner lot expansion property could be included for a much needed climate control storage or parking expansion. Prime retail location across from the Regal Movie Theater and close to the Lima Mall, Downtown Lima, and the University of Northwest Ohio. Drive By traffic counts are approximately 10,000+ cars per day. With the brand new phase just added, the property is already 87% occupied. The rental rates are the lowest in their market with upside available from tenant insurance and administrative fees. The property is surrounded by high density condos, senior housing, apartments, and homes. The Car Wash was just extensively renovated for easier management including an all new electrical and credit card system plus an all new radiant heat and plumbing system to add winter operation car wash sales.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,273,677 | |
| Land Assessment | $377,626 | Total Assessment | $1,651,303 |
PROPERTY TAXES
