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    Fraunfelter Rd Lima, OH 45807

    For Sale
    $225,000

    LAND - Lima, OH

    Type:Single Family Residence
    Lot size:
    3.70 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for Fraunfelter Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    Part of 36320301002000
    Lot size
    3.70 Acres

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

    Listing agent Randall Faulder (419) 302-6455

    Listing date Aug 6, 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

    Prime Building Lot in Lima

    This property features approximately 3.701 acres of land suitable for building. Water, sewer, and gas utilities are available. The seller is offering the property as a single lot and will not subdivide it. Deed and building restrictions are on file.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.198026
    Latitude
    40.743856

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    FAQs

    What type of property is this?
    Land - 3.7 acre building lot with utilities available in Lima, OH.
    Where is this land located?
    The property is located at Fraunfelter Rd Lima, OH.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Large 3.701 acre building lot - a rare opportunity!; - Water, sewer, and gas utilities available for easy hookup.; - Prime location for building your dream home.
    (419) 302-6455
    Request Owner's contact information
    Fraunfelter Rd Lima, OH 45807
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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
    Fraunfelter Rd Lima, OH 45807
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