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Industrial Land with Riding Arenas
For Sale
$429,777

2500 Greely Chapel Road, Lima, OH 45804

Industrial zoning and two enclosed arenas offer flexibility for commercial, assembly, or equestrian uses.

Property SizeContact for details
Days on Market9

Property Features for 2500 Greely Chapel Road

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $3,522

Amenities

11.17
1
Arena,Barn
Assessor
Covered,Driveway
County Road,Interstate
Listing Agency: Howard Hanna Real Estate Services
Listed By: Patrick Lucey
Source: Karenullomrealty
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 3:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Real Estate Services

Rey
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Investment Insights

Based on property information with market context.

This 11.17-acre industrial property comprises two parcels and includes a front 3.94-acre parcel with two fully enclosed steel riding arenas. The arenas measure 70 x 150 x 14 feet and 60 x 90 x 14 feet, respectively, and were built in 1998. Gravel drives serve the property, including a horseshoe-shaped drive at the front. Industrial zoning is in place.

The site has approximately 316 feet of frontage on Greely Chapel Road and 608 feet along I-75. Access is available to I-75, SR 65, and SR 309. Hotels, shopping, restaurants, medical facilities, fairgrounds, OSU-Lima, and P&G are identified in the surrounding area.

The existing enclosed arenas provide clear-span interior space. The property was previously used as a horse farm and law enforcement equestrian training facility.

Key Highlights

  • 11.17 acres across two parcels
  • 608 feet of frontage on I‑75
  • Approximately 316 feet of frontage on Greely Chapel Road

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Industrial land

Suggested Use

Top Pick Building Supply Electrical Service Plumbing Service Garden Center Kitchen & Bath Showroom Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 45804, OH

14,573
Population
7,108
Households
2.1
Avg Household Size
39
Median Age
11%
College-Educated
87%
High-School Grad
21.2 sq mi
ZIP Area
687
Density / Sq Mi
$42,594
Median Household Income
$33,438
Median Earnings
$888
Median Rent
$96,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial zoning and two enclosed arenas offer flexibility for commercial, assembly, or equestrian uses.
Where is this industrial land located?
The property is located at 2500 Greely Chapel Road Lima, OH.
What is the asking price?
The asking price for this property is $429,777.
What are key features of this property?
This property features: 11.17 acres across two parcels; 608 feet of frontage on I‑75; Approximately 316 feet of frontage on Greely Chapel Road
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