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Property profile & analytics
OFF-MARKET
Land

0 Allentown Rd Elida, OH 45805

Property ID
Property summary
AI-generated overview

This exceptional 54.68-acre parcel of land presents a significant opportunity for commercial or agricultural development. Located in Elida, Ohio, with a Lima mailing address and zip code 45805, the property boasts convenient frontage on both Allentown Road and Eastown Road, ensuring excellent visibility and accessibility. The property's APN is 36270201002000/2004/2002/5000. Currently vacant, this expansive tract is ideal for a variety of uses, offering substantial potential for investors seeking a prime location in Allen County. The asking price for this remarkable land opportunity is $2,722,500, reflecting its significant size and strategic positioning. The sale is a fair market value transaction. Given its size and location, this property is well-suited for a range of commercial ventures or large-scale agricultural operations. Its accessibility and visibility make it an attractive proposition for developers seeking a high-impact location. Detailed surveys and environmental assessments are recommended for prospective buyers to fully understand the development possibilities. This is a rare opportunity to acquire a substantial land holding in a desirable Ohio location.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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