13279 Allentown Rd Spencerville, OH 45887
This exceptional 1.07-acre commercial property in Spencerville, Ohio, presents a unique investment opportunity. Located at 13279 Allentown Rd (SR 81 & Acadia), this high-visibility corner lot boasts a 1,980 square foot, single-story steel building. The building features a 30' x 66' footprint, three-quarter concrete floors, electric service including 220V, four overhead doors, a pellet-burning stove, and a car lift. The open floor plan offers versatile space for various commercial uses. The property is currently vacant and zoned for commercial use per Spencer Township's generalized land use plan. Asking price is $79,000 ($39.90/sq ft). This property's prime location and existing building offer immediate potential for a variety of businesses. The high traffic count on Allentown Road ensures excellent exposure. The 1.07-acre lot provides ample space for expansion or future development. This is an ideal opportunity for an owner-operator or investor seeking a well-located, versatile commercial property in a growing area. The property is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.