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Allen County, OH Land for Lease

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Strip Mall Retail Space
Updated: Aug 10
Strip Mall Retail Space

3292 Elida Rd, Lima, OH 45807

Contact for pricing
3,830 sqft
3,830 SF of retail space available in the strip center
Ground‑lease outparcel of +/- .76 acres
Outparcel can accommodate up to a +/-2,500 SF building
Potential drive‑through opportunity on the outparcel
Fronts Elida Road near Eastown Road in Lima
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1 active listing matches your search: Land for lease in Allen County, OH. Based on your search, we've also compiled 78 Potential Opportunities for your consideration: 78 properties for sale.

Similar Spaces for Sale in Allen County, OH

Consider Similar Space for Sale. We found 78 Spaces matching your search parameters.

Commercial Land
Commercial Land

2120 N Eastown Road, Lima, OH 45807

$199,000
1,296 sqft

A 2.55-acre commercial parcel with public water and sewer service.

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Commercial Land Near Retail Corridor
Commercial Land Near Retail Corridor

0 Hillsdale Ave, Lima, OH 45807

$950,000
26 acres

A 26-acre site includes multiple parcels and commercial zoning on Lima’s west side.

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Commercial Land with Utilities
Commercial Land with Utilities

4080 Harding Highway, Lima, OH 45804

$699,000
5 acres

B-2 General Business and R-3 Residential zoning supports commercial and multifamily possibilities.

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Auto Shop Site
Auto Shop Site

100 E Kiracofe Avenue, Elida, OH 45807

$999,000
1.05 acres

Commercial land with public water and sewer service, subject to a five-year restriction on automobile sales.

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I-75 Frontage Commercial Land
I-75 Frontage Commercial Land

1919 E Elm Street, Lima, OH 45804

$850,000
12.5 acres
Highway access  Road access

Vacant commercial land off I-75 with street utilities available for development in Bath Township.

Utilities to site
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Rail-Adjacent Industrial Land
Rail-Adjacent Industrial Land

505 Bible Road, Lima, OH 45801

$1,500,000
11.48 acres

Mostly cleared acreage near the CSX Lima Rail Yard offers a foundation for rail-oriented industrial development.

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Industrial Development Site on I-75
Industrial Development Site on I-75

1432 Bellefontaine Avenue, Lima, OH 45804

$2,478,750
33.72 acres  33 sqft

Development site with I-75 visibility, multiple parcels available for sale.

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Commercial Building Site Lot
Commercial Building Site Lot

2551 Zurmehly Road, Lima, OH 45806

$300,000
2.1 acres  Commercial
Road access

Commercial lot in a business park with road access from Zurmehly Road or Blue Jacket Court and site plan review.

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Tillable Agricultural Land with Woods
Tillable Agricultural Land with Woods

N Thayer Road, Lima, OH 45801

$820,000
51.14 acres

Combined farmland and wooded acreage offers agricultural use with room for a private homesite.

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Vacant Land Near I-75
Vacant Land Near I-75

695 S Leonard Avenue S, Lima, OH 45804

$950,000
1.09 acres

Prime 1.09-acre commercial land with easy highway access.

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Rail-Served Industrial Development Land
Rail-Served Industrial Development Land

505 Bible Road, Lima, OH 45801

$1,500,000
11.48 acres  Commercial

11.48-acre commercial development site is 95% cleared and positioned about 300 feet north of the CSX Lima Rail Yard.

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Working Apple Farm with Storage
Working Apple Farm with Storage

5025 N Cool Rd, Lima, OH 45807

$427,000
Business included  27 acres  717 sqft
Road access

Agricultural acreage includes leased tillable ground, a creek corridor, and a building with living and utility space.

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LAND - Lima, OH
LAND - Lima, OH

1919 E Elm St, Lima, OH 45804

$850,000
12.5 acres

Vacant commercial land off I-75 with street utilities available for development in Bath Township.

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Commercial Auto Shop Property
Commercial Auto Shop Property

100 E Kiracofe Avenue, Elida, OH 45807

$999,000

Level commercial property with public sewer service and asphalt surfacing along a state road.

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Wooded Recreational Land Parcel
Wooded Recreational Land Parcel

Brentlinger Road, Harrod, OH 45850

$122,500
13.23 acres

Mostly wooded acreage with frontage on Brentlinger Road for residential, recreation, or hunting use.

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LAND - Lima, OH
LAND - Lima, OH

695 S Leonard Ave S, Lima, OH 45804

$950,000
1.09 acres

Prime 1.09-acre commercial land with easy highway access.

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Vacant Lots in Lima, Ohio
Vacant Lots in Lima, Ohio

N Cole Street - E Logan Street, Lima, OH 45801

$389,000
0.83 acres

Vacant commercial lots with development potential in Lima, Ohio.

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Prime Commercial Land Near Lima
Prime Commercial Land Near Lima

2000 Elida Road, Lima, OH 45805

Contact for pricing
4 sqft

Up to 4 acres available in a prime development location.

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Commercial Land with 300+ Road Frontage
Commercial Land with 300+ Road Frontage

00 S Cable Road, Lima, OH 45805

$125,000
6.91 acres  Commercial
Road access

Commercially zoned land offering over 300 feet of road frontage for flexible development planning.

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Commercial Land with Dual Access
Commercial Land with Dual Access

2551 Zurmehly Road, Lima, OH 45806

$300,000
1.24 acres

Business park parcel with electric service, public water, and public sewer available.

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Corner Commercial Land Parcel
Corner Commercial Land Parcel

2920 Blue Jacket Court, Lima, OH 45806

$300,000
0.86 acres

Corner commercial parcel with dual road access and public utility service.

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Commercial Land with Dual Access
Commercial Land with Dual Access

HARDING HWY., Lima, OH 45804

$385,000
5.82 acres

Vacant B-2 General Business land arranged in two parcels with access from Harding Hwy. and Thayer Rd.

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B-1 Zoned Commercial Land
B-1 Zoned Commercial Land

00 Seriff Road, Lima, OH 45805

$1,300,000

Two undeveloped parcels with B-1 zoning and frontage along South Eastown Rd.

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Allen County, OH Land Market Trends and Statistics

Explore Land leasing options in Allen County, OH with 1 listings featured on our commercial real estate exchange. The current inventory includes 3,830 square feet of properties.

How to rent land in Allen County, OH

  1. Understand the ground-lease bargain. A land lease (ground lease) lets you build on a parcel without buying it. You own the buildings and improvements while paying rent on the lot or site beneath them.
  2. Pick a site worth decades of commitment. Ground leases run 50–99 years, so use Location Intelligence to validate that the Allen County, OH parcel's corridor, demographics, and growth trajectory support your development long-term.
  3. Do entitlement due diligence before signing. Verify zoning, utilities, soil conditions, environmental history, and permits for your intended construction. You're leasing bare acreage, and every improvement cost is yours.
  4. Negotiate subordination for financing. Lenders strongly prefer a subordinated ground lease (where the landowner's interest backs your construction loan). An unsubordinated lease should trade for meaningfully lower rent.
  5. Model the escalations across decades. Land leases are net (you pay taxes, insurance, and upkeep) with rent escalations or periodic market revaluations, so project the full cost curve with the Lease Calculator.
  6. Plan for the reversion. At lease end, your buildings typically revert to the landowner. Negotiate renewal options, assignment rights, and end-of-term compensation for improvements before you pour a foundation.
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