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

Listed By: D. Ronald Spencer Show Phone

Added: Jan 25, 2021 Changed: Sep 3 Last Checked: Sep 9 at 11:06AM

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MLS# 1008224

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Investment Insights

Based on property information with market context.

This 54.7-acre vacant commercial land tract is located in Section 27 of American Township. The property is mostly tillable ground and has frontage along Eastown Road and Allentown Road. Mixed-use zoning is identified for the site, supporting a range of potential commercial and residential development concepts.

The property is in Lima, Ohio, within Allen County. Its road frontage and reported high daily traffic count add practical visibility to the tract. Current CAUV status means taxes are to be determined.

Key Highlights

• 54.7 acres of vacant commercial land
• Frontage on Eastown Road and Allentown Road
• Mixed‑use zoning

Property Analytics

Property Profile

Current Use

Commercial land

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

297

Businesses Nearby

Explore this area Business Placement

Demographics for 45805, OH

22,740

Population

10,560

Households

2.2

Avg Household Size

39

Median Age

24%

College-Educated

94%

High-School Grad

14.6 sq mi

ZIP Area

1,558

Density / Sq Mi

$65,954

Median Household Income

$37,126

Median Earnings

$944

Median Rent

$153,700

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial 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?

Commercial land - Vacant mixed-use tract with frontage on two roads and mostly tillable ground.

Where is this commercial land located?

The property is located at ALLENTOWN RD. Lima, OH.

What is the asking price?

The asking price for this property is $2,461,500.

What are key features of this property?

This property features: 54.7 acres of vacant commercial land; Frontage on Eastown Road and Allentown Road; Mixed‑use zoning