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Vacant Land with Development Potential

Allentown Road Lima, OH 45805

Allentown Road, Lima, OH, 45805
$2,461,500
For Sale
$2,461,500

COMMERCIAL - Lima, OH

Lot Size54.70 Acres
Days on Market2002

Property Features for Allentown Road

General Information

Property type
Commercial Sale
Property subtype
Retail
Parking features
Off Street
Standard status
Active
APN
36270201002.000/002/004/36-2702-01-005.000
Lot size
54.70 Acres

Taxes and HOA fees

Tax Description
IN FILE
Listing Agency Ron Spencer Real Estate
2895 Harding Highway, Lima, OH
Listed by D. Ronald Spencer
Added: Jan 25, 2021 Checked: Jul 20 at 5:06 am
MLS# 203773

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 property features approximately 54.7 acres of vacant land located in Section 27, American Township. The land consists of four parcels with frontage on Eastown Road and Allentown Road. It is zoned mixed-use, presenting great development potential for multiple uses such as retail, housing, and hospitality. The land is mostly tillable and benefits from a high daily traffic count. The property is located within the Elida School District. Annual taxes are to be determined as the property is currently under CAUV (Current Agricultural Use Valuation).

Key Highlights

  • Approximately 54.7 acres of vacant land.
  • Mixed zoning with great development potential for retail, housing, hospitality, etc.
  • Frontage on Eastown Rd. & Allentown Rd.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - 54.7 acres of vacant land with mixed zoning.
Where is this commercial land located?
The property is located at Allentown Road 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: Approximately 54.7 acres of vacant land.; Mixed zoning with great development potential for retail, housing, hospitality, etc.; Frontage on Eastown Rd. & Allentown Rd.
Contact an agent
More about this property
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