Vacant Development Land with Road
For Sale
$2,461,500
ALLENTOWN RD., Lima, OH 45805
LAND - Lima, OH
Property SizeContact for details
Lot Size54.70 Acres
Days on Market2035
Property Features for ALLENTOWN RD.
General Information
Property type
Land
Property subtype
Other
Lot features
Tillable, Wooded
Elementary school district
0205 Elida LSD
Middle school district
0205 Elida LSD
High school district
0205 Elida LSD
Directions
ALLENTOWN RD. JUST BEFORE EASTOWN RD. AND EASTOWN RD. JUST BEFORE ALLENTOWN.
Subdivision
599 OUTSIDE / ALL OTHER AREAS
Standard status
Active
APN
36270201002000
Lot size
54.70 Acres
Taxes and HOA fees
Tax Year
2020
Listing Agency:
Ron Spencer Real Estate, Inc.
(419) 228-8899
Listed By:
D. Ronald Spencer
(419) 228-8899
Added: Jan 25, 2021
Changed: Aug 5
Last Checked: Aug 22 at 12:06PM
MLS# 1008224
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 is a vacant, approximately 54.7-acre parcel of mostly tillable ground. The property is located in Section 27 of American Township and is currently under CAUV, with taxes to be determined.
The land has frontage on Eastown Rd. and Allentown Rd., and the public remarks indicate a high daily traffic count. The listing notes mixed-use zoning, supporting a range of potential uses, including retail, hospitality, and housing.
Prospective buyers should review the mixed-use zoning details and permitted uses for the parcel directly to confirm the specific development direction for the site.
The land has frontage on Eastown Rd. and Allentown Rd., and the public remarks indicate a high daily traffic count. The listing notes mixed-use zoning, supporting a range of potential uses, including retail, hospitality, and housing.
Prospective buyers should review the mixed-use zoning details and permitted uses for the parcel directly to confirm the specific development direction for the site.
Key Highlights
- 54.7 acres of vacant land offers great potential.
- Mixed use zoning allows for diverse development, including retail, hospitality, and housing.
- Frontage on Eastown Rd. & Allentown Rd. provides excellent visibility.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 45805, OH
22,740
Population
10,560
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
14.6 sq mi
ZIP Area
1,558
Density / Sq Mi
$65,954
Median Household Income
$37,126
Median Earnings
$944
Median Rent
$153,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Vacant, mostly tillable acreage with frontage on Eastown Rd. and Allentown Rd., located in American Township.
Where is this agricultural land / farmland located?
The property is located at ALLENTOWN RD. Lima, OH.
What is the asking price?
The asking price for this property is $2,461,500.
What are key features of this property?
This property features: 54.7 acres of vacant land offers great potential.; Mixed use zoning allows for diverse development, including retail, hospitality, and housing.; Frontage on Eastown Rd. & Allentown Rd. provides excellent visibility.
