54.7-Acre Commercial
For Sale
$2,461,500
Allentown Road, Lima, OH 45805
COMMERCIAL - Lima, OH
Property SizeContact for details
Lot Size54.70 Acres
Days on Market2053
Property Features for Allentown Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Parking features
Off Street
Directions
ALLENTOWN ROAD JUST BEFORE EASTOWN RD. FRONTAGE ON EASTOWN RD AND ALLENTOWN RD.
Standard status
Active
APN
36270201002.000/002/004/36-2702-01-005.000
Lot size
54.70 Acres
Taxes and HOA fees
Tax Description
IN FILE
Legal Description
IN FILE
Listing Agency:
Ron Spencer Real Estate
(419) 228-8899
Listed By:
D. Ronald Spencer
(419) 230-1111
Added: Jan 25, 2021
Changed: Aug 4
Last Checked: Sep 9 at 11:06AM
MLS# 203773
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This vacant commercial land offering encompasses approximately 54.7 acres across 4 parcels in American Township. The property is predominantly tillable ground and carries mixed zoning, providing a range of documented development possibilities that includes retail, housing, and hospitality uses.
Road frontage is provided along Eastown Road and Allentown Road. The property is located in the Elida school district and has a Lima, Ohio mailing address. Current agricultural tax treatment is identified as CAUV, with annual taxes to be determined.
Road frontage is provided along Eastown Road and Allentown Road. The property is located in the Elida school district and has a Lima, Ohio mailing address. Current agricultural tax treatment is identified as CAUV, with annual taxes to be determined.
Key Highlights
- Approximately 54.7 acres of vacant commercial land
- 4 parcels included in the offering
- Frontage on Eastown Road and Allentown Road
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
405
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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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant commercial land with mixed zoning and frontage along two roads in the Elida school district.
Where is this commercial land located?
The property is located at Allentown Road 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: Approximately 54.7 acres of vacant commercial land; 4 parcels included in the offering; Frontage on Eastown Road and Allentown Road
