Lima, Ohio Commercial Real Estate 5 Listings
Lima, Ohio: A Premier Destination for Commercial Real Estate
Introduction
Lima, Ohio, is emerging as a dynamic hub for commercial real estate (CRE) investment. As a city with a population of approximately 37,000, Lima is strategically positioned in the Midwest, with a diverse economy supported by manufacturing, healthcare, and education sectors. With its robust industry clusters and strategic location, Lima offers significant opportunities for commercial real estate professionals looking to capitalize on the city’s growth and development.
Economic and Industry Overview
Lima is home to a variety of industries that drive demand for different types of commercial properties. Manufacturing is a cornerstone of the local economy, with companies such as Procter & Gamble and Ford Motor Company having a significant presence. The healthcare sector is another major employer, with institutions like Mercy Health - St. Rita's Medical Center serving as key anchors. The education sector, supported by institutions like the University of Northwestern Ohio, also contributes to the demand for office and retail spaces.
The Lima/Allen County Regional Planning Commission actively supports economic development initiatives, fostering an environment conducive to business growth and commercial real estate development.
Strategic Location and Transportation Infrastructure
Lima’s strategic location is enhanced by its robust transportation infrastructure. The city is intersected by major highways, including Interstate 75 and U.S. Route 30, providing excellent logistical advantages for distribution and access to broader markets. The city is well-served by rail lines, enhancing its connectivity for industrial activities.
For air travel, the Allen County Airport offers convenient access for business travel, while the proximity to larger hubs like Dayton International Airport expands logistical capabilities.
Commercial Real Estate Inventory & Zoning
Lima’s commercial real estate landscape is diverse, with several key submarkets:
- Central Business District (CBD): Primarily comprises office and retail spaces, with ongoing revitalization efforts.
- Industrial Corridors: Located along major highways, these areas are ideal for logistics and manufacturing operations.
- Innovation Districts: Zones designated for tech and research-driven enterprises.
The city offers incentives for developers, including tax abatements and zoning overlays to facilitate new developments. For detailed zoning information, visit the City of Lima Zoning Map.
Major Employers and Institutions
Lima hosts several major employers that drive commercial real estate demand:
- Procter & Gamble: A leading manufacturer with significant operations in the area.
- Mercy Health - St. Rita's Medical Center: A major healthcare provider.
- University of Northwestern Ohio: Contributing to demand for educational and residential facilities.
Explore the Lima/Allen County Chamber of Commerce for more insights into local businesses and economic drivers.
Notable Commercial Developments & Projects
Lima is witnessing several large-scale developments, including mixed-use projects and innovation parks. The city has several designated Opportunity Zones, promoting economic growth and development through tax incentives. More information on these projects can be found on the Lima Planning Department's website.
Building Permits, Planning, and Development Tools
For developers and investors, the following resources are essential:
- City of Lima Building and Safety Department
- Permitting Portal
- Parcel Map Viewer
- Planning Commission
- Development Code
Market Data & Economic Reports
Lima’s market data can be accessed through public datasets such as census.gov and the city’s open data portal. Brevitas utilizes AI-powered aggregation to provide comprehensive insights into the CRE market. Explore our Brevitas-powered dashboards for detailed market analyses.
Why Use Brevitas for Lima, Ohio CRE?
Brevitas offers unparalleled tools for discovering and managing commercial real estate in Lima, Ohio. Our platform features AI-driven discovery, real-time market alerts, and smart property pages. Key features include:
- Auto-generated listing pages
- Email and landing page tools
- Integration with brokers and developers
- Exclusive listings and premium exposure
Experience the Brevitas advantage for your commercial real estate needs in Lima, Ohio.
