Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Allentown Rd Elida, OH 45805

    Sponsored
    For Sale
    $275,000

    High-traffic location, excellent visibility. One acre ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land parcel presents a unique investment opportunity in the thriving Elida, Ohio market. Located on Allentown Road, this approximately one-acre site boasts 190 feet of prominent road frontage, ensuring high visibility and accessibility for any commercial venture. Its strategic position between Frickers and Walmart guarantees significant foot and vehicle traffic, providing unparalleled exposure to a large customer base. The property's ideal location makes it suitable for a wide range of commercial uses, from retail establishments to restaurants and service businesses. A survey will be conducted at the seller's expense once a contract is in place, ensuring a smooth and transparent transaction. The asking price for this prime commercial land is $275,000. Don't miss this chance to secure a highly visible and strategically located property in a rapidly growing area. The property is situated in Allen County, Ohio, with a Lima mailing address and a 45805 zip code.

    Property Features for 0 Allentown Rd

    General Information

    Property type
    Land

    HighLights

    • One‑acre commercial land parcel in Elida, Ohio, priced at $275,000.
    • High‑visibility location on Allentown Road with 190 feet of frontage.
    • Strategic location between Frickers and Walmart, ensuring high traffic.
    • Suitable for various commercial uses, including retail, restaurants, and service businesses.
    • Survey to be conducted at seller's expense post‑contract.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elida
    County
    Allen
    State
    Ohio
    Longitude
    -84.153891304319
    Latitude
    40.750304215331

    Nearby Comparable

    • $14,500,000
      237,605 SF

      Clocktower Plaza: Lima, OH Shopping Center

      High-traffic retail center, strong tenants, value-add opportunity.
      911 Cable Rd, Lima, OH 45805
      View Details
    • $575,000
      1,336 SF

      Retail Property in Lima, Ohio

      Retail property available for sale in Lima, Ohio.
      2094 Allentown Rd, Lima, OH 45805
      View Details
    • $2,722,500

      Allentown Road Commercial Land

      54 Acres, High Development Potential
      0 Allentown Rd, Elida, OH 45805
      View Details
    • $2,461,500
      54.70 Acres

      54.7 AC Vacant Land

      54.7 acres of vacant land with development potential.
      Allentown Rd, Lima, OH 45805
      View Details
    • $725,000
      Pending

      Commercial Building and Land For Sale

      Commercial building and land available for purchase in Lima, Ohio.
      712 N Eastown Rd, Lima, OH 45805
      View Details
    • $2,400,000
      3,802 SF

      Dunkin's Diamonds Retail Investment

      High-return, long-term NNN lease.
      2298 Elida Rd, Lima, OH 45805
      View Details
    • Contact for pricing
      4 SF

      Prime Commercial Land Near Lima

      Up to 4 acres available in a prime development location.
      2000 Elida Rd, Lima, OH 45805
      View Details
    • Contact for pricing

      Prime Commercial Land Near Lima Mall

      Up to 4 acres of commercially zoned land available.
      1996 W Robb Ave, Lima, OH 45801
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic location, excellent visibility. One acre ready for development.
    Where is this land located?
    The property is located at Allentown Rd Elida, OH.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: One-acre commercial land parcel in Elida, Ohio, priced at $275,000.; High-visibility location on Allentown Road with 190 feet of frontage.; Strategic location between Frickers and Walmart, ensuring high traffic.
    Request Owner's contact information
    Allentown Rd Elida, OH 45805
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Allentown Rd
    Elida, OH 45805
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Allentown Rd Elida, OH 45805
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.