Listing Agency: Ron Spencer Real Estate Show Phone

Listed By: D. Ronald Spencer Show Phone

Added: Sep 24, 2021 Changed: Oct 12 Last Checked: Oct 17 at 5:06AM

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MLS# 206514

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.

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Investment Insights

Based on property information with market context.

This 99.6-acre land parcel is zoned light industrial, with approximately 22 acres of wooded land. The tract has frontage on E. Breese Road and Commerce Road.

The property is close to I-75 and is located in Perry Township, Allen County, Ohio.

Key Highlights

• 99.6 acres of land
• Zoned light industrial
• Approximately 22 acres are wooded

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Storage Facility Furniture & Home Goods Pharmacy Electrical Service Auto Parts Store 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

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Frequently Asked Questions

What type of property is this?

Industrial land - A large industrial-zoned tract has road frontage and wooded acreage.

Where is this industrial land located?

The property is located at 465 Breese Road E Lima, OH.

What is the asking price?

The asking price for this property is $6,000,000.

What are key features of this property?

This property features: 99.6 acres of land; Zoned light industrial; Approximately 22 acres are wooded