2293 Cable Rd Lima, OH 45807-1791

This exceptional 33-acre property in Lima, Ohio, presents a compelling investment opportunity. Encompassing ten contiguous parcels totaling 786,258 square feet, this land offers unparalleled potential for diverse development projects. The strategic location near the University of Northwestern Ohio makes it particularly suitable for student housing or apartment complexes, catering to the growing student and faculty population. The 12,800 square foot existing structure, built in 1975 and renovated in 1985, presents a unique opportunity for adaptive reuse or redevelopment. Alternatively, the expansive acreage allows for the construction of new retail spaces or commercial facilities, capitalizing on Lima's thriving local economy. The asking price is $1,200,000, translating to $93.75 per square foot. With Lima's ongoing growth and revitalization, this property is poised for significant returns. The property's address is 2293 N Cable Road, Lima, OH 45801, and is situated in Allen County. This is a rare chance to acquire a substantial land holding in a dynamic and expanding market. Don't miss this chance to secure a prime piece of Lima real estate.