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    465 Breese Rd E Lima, OH 45806

    For Sale
    $3,500,000

    LAND - Lima, OH

    Lot size:
    99.60 Acres
    Days on Market:
    458
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 465 Breese Rd E

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    47180003001000
    Lot size
    99.60 Acres

    Ron Spencer Real Estate, Inc. (419) 228-8899 [email protected]

    Listing agent D. Ronald Spencer (419) 230-1111

    Listing date Sep 4, 2024

    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 For Sale in Lima

    This property features approximately 100 acres of land in Section 18, Perry Township, Allen County. The site includes frontage on E. Breese Rd. and Commerce Parkway. Approximately 22 acres are wooded. Zoned for light industrial use, the property is located close to I-75, offering development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Gym & Fitness Pharmacy Department Store Food Market Storage Facility Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.098779
    Latitude
    40.691255

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    FAQs

    What type of property is this?
    Commercial land - Approximately 100 acres of land with development potential.
    Where is this commercial land located?
    The property is located at 465 Breese Rd E Lima, OH.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Approximately 100 acres of land, offering significant development possibilities.; - Zoned light industrial, ideal for various business ventures.; - Close proximity to I-75 for convenient transportation.
    (419) 230-1111
    Request Owner's contact information
    465 Breese Rd E Lima, OH 45806
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    Lima, OH 45806
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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
    465 Breese Rd E Lima, OH 45806
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