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Light Industrial Land
For Sale
$3,500,000

465 Breese Road E, Lima, OH 45806

Land, Lima, OH

Property SizeContact for details
Lot Size99.60 Acres
Days on Market1828

Property Features for 465 Breese Road E

General Information

Property type Land
Property subtype Other
Zoning description Agricultural
Lot features Wooded
View Park
Standard status Active
APN 47180003001000
Lot size 99.60 Acres

Taxes and HOA fees

Tax Description IN FILE
Tax Annual Amount 3646
Legal Description IN FILE
Listing Agency: Ron Spencer Real Estate
Listed By: D. Ronald Spencer
Added: Sep 24, 2021 Changed: Sep 13 Last Checked: Sep 25 at 6:06AM
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.

Investment Insights

Based on property information with market context.

This 99.6-acre industrial land tract is zoned light industrial and includes approximately 22 acres of wooded area. Frontage is identified along E. Breese Rd. and Commerce, providing two named road connections for site evaluation and planning.

The property is located at 465 Breese Road E in Lima, Ohio, within Perry Township and Allen County. Its position close to I-75 adds a documented regional transportation reference for future industrial land planning.

Key Highlights

  • 99.6‑acre industrial land tract
  • Zoned light industrial
  • Frontage on E. Breese Rd. and Commerce

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Light industrial zoning with frontage on E. Breese Rd. and Commerce.
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 $3,500,000.
What are key features of this property?
This property features: 99.6‑acre industrial land tract; Zoned light industrial; Frontage on E. Breese Rd. and Commerce
More about this property
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