Search
Light Industrial Development Land
For Sale
$3,500,000

465 E Breese Road, Lima, OH 45806

COMMERCIAL - Lima, OH

Property SizeContact for details
Lot Size99.60 Acres
Days on Market1290

Property Features for 465 E Breese Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Lot features Tillable, Wooded
Directions BETWEEN COMMERCE PKWY. & E. BREESE RD., LIMA, CLOSE TO I-75
Subdivision 599 OUTSIDE / ALL OTHER AREAS
Standard status Active
APN 47180003001000
Lot size 99.60 Acres

Taxes and HOA fees

Tax Year 2021
Listing Agency: Ron Spencer Real Estate, Inc.
Listed By: D. Ronald Spencer
Added: Feb 8, 2023 Changed: Aug 5 Last Checked: Aug 21 at 8:06PM
MLS# 1023504

Copyright © 2026 Western Regional Information System & Technology, Inc. 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 offering includes approximately 99.6 acres of industrial development land in Perry Township, Allen County, Ohio. The property features about 22 acres that are wooded and totals approximately 100 acres per the public remarks. The land is zoned light industrial.

The site has frontage on E. Breese Rd. and Commerce Pkwy., and is described as very close to I-75. The combination of roadway frontage and proximity to the interstate is intended to support a variety of light industrial development concepts.

Interested parties should review the zoning and development requirements for planned use, as well as any applicable constraints related to the wooded portion of the property.

Key Highlights

  • Excellent Location: Very close proximity to I‑75 highway.
  • Significant Acreage: Approximately 100 acres of land.
  • Great potential for development.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Storage Facility Furniture & Home Goods Pharmacy Auto Repair Shop Electrical Service 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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Large development parcel zoned light industrial with frontage on E. Breese Rd. and Commerce Pkwy., plus wooded acreage.
Where is this industrial land located?
The property is located at 465 E Breese Road 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: Excellent Location: Very close proximity to I‑75 highway.; Significant Acreage: Approximately 100 acres of land.; Great potential for development.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message