Multi Retail Development Opportunity, Lima, OH

This offering presents a rare opportunity to acquire land approximately 1/4 mile east of the Lima Mall. The property consists of four acres of land situated at the corner of 309 (Elida Rd) and W Robb Ave. Zoned for commercial development, the parcels are positioned in a prime development location. The site benefits from significant retail presence within a few miles, including McDonald's and Wal-Mart. The parcels are located on Elida Road and Robb Avenue, the main retail area in Lima, approximately 2 blocks from Lima Mall. The property includes a 1500 SF retail building that is currently leased, a single-family rental house, and a corner land parcel. All utilities are in place, and the zoning allows for further development. The property features approximately 1600' of frontage on Elida Road, with 5 curb cuts. Lima, the county seat of Allen County, Ohio, is located in northwestern Ohio along Interstate 75, approximately 72 miles north of Dayton and 78 miles south-southwest of Toledo. The Allen County population was 106,331 as of the 2010 U.S. Census. Lima is home to the University of Northwestern Ohio, James A. Rhodes State College, and the Ohio State University, Lima Campus. Major employers in the Lima area include Ford Motor Co., Lima Engine Plant, General Dynamics Land Systems Division, Roundy's Ohio Division, Dana Corp., Meccorp, Inc., and Meijer, Inc.