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    3390 Spencerville Rd Lima, OH 45805

    For Sale
    $60,000

    LAND - Lima, OH

    Type:Single Family Residence
    Lot size:
    2.06 Acres
    Days on Market:
    116
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 3390 Spencerville Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    46-0401-04-009.000
    Lot size
    2.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Oakridge Realty Co. (419) 991-2020 [email protected]

    Listing agent Tevyn Gronas (567) 242-9400

    Listing date Aug 20, 2025

    Copyright © 2025 West Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Lima, Ohio

    This 2.06-acre lot is located at the corner of Spencerville Road and Eastown Road in Lima, Ohio. The property offers ample space for constructing a home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.166494
    Latitude
    40.723778

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    FAQs

    What type of property is this?
    Land - 2.06 acre corner lot, build your dream home.
    Where is this land located?
    The property is located at 3390 Spencerville Rd Lima, OH.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - Large 2.06 acre lot provides ample space for building.; - Corner lot location at Spencerville Rd. and Eastown Rd.; - Public water source available.
    (567) 242-9400
    Request Owner's contact information
    3390 Spencerville Rd Lima, OH 45805
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    Lima, OH 45805
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3390 Spencerville Rd Lima, OH 45805
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