Listing Agency: Ron Spencer Real Estate, Inc. Show Phone

Listed By: D. Ronald Spencer Show Phone

Added: Feb 8, 2023 Changed: Sep 3 Last Checked: Sep 9 at 11:06AM

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MLS# 1023504

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Investment Insights

Based on property information with market context.

This industrial land property encompasses 99.6 acres in Section 18 of Perry Township, Allen County, Ohio. Approximately 22 acres are wooded, while the property carries a light industrial zoning designation.

Road frontage is available along E. Breese Road and Commerce Parkway. The property is located very close to I-75 and is addressed at 465 E Breese Road in Lima, Ohio 45806.

Key Highlights

• 99.6 acres of industrial land in Section 18, Perry Township
• Approximately 22 acres are wooded
• Frontage on E. Breese Road and Commerce Parkway

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Storage Facility Furniture & Home Goods Pharmacy Auto Repair Shop Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

62

Businesses Nearby

Explore this area Business Placement

Demographics for 45806, OH

11,238

Population

4,792

Households

2.3

Avg Household Size

45

Median Age

26%

College-Educated

95%

High-School Grad

62.5 sq mi

ZIP Area

180

Density / Sq Mi

$82,160

Median Household Income

$50,883

Median Earnings

$972

Median Rent

$189,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - Land is zoned light industrial and fronts two roads.

Where is this industrial land located?

The property is located at 465 E Breese Road 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: 99.6 acres of industrial land in Section 18, Perry Township; Approximately 22 acres are wooded; Frontage on E. Breese Road and Commerce Parkway