Property summary
This exceptional 1.02-acre commercial land parcel presents a prime investment opportunity in Lima, Ohio. Located at 2450 Allentown Rd, this corner outlot boasts ±135 feet of frontage at a signalized intersection, ensuring high visibility and accessibility. The property's Class II Business Wholesale zoning allows for a wide range of commercial uses. Its strategic location within a thriving retail environment, surrounded by established national retailers, guarantees significant foot traffic and brand recognition. The site benefits from its proximity to major employers such as Mercy Health, Lima Memorial, Ford, P&G, and General Dynamics, as well as the University of Northwestern Ohio (approximately 14,000 students) and St. Rita's Medical Center (within 10 minutes). This combination of factors creates a compelling opportunity for businesses seeking a high-traffic location with strong demographics and excellent access to a large consumer base. The property is situated in Allen County, Ohio, with a 45805 zip code. This is a rare opportunity to acquire a well-positioned commercial land parcel in a dynamic and growing market.
Property profile
VerifiedCap rate & NOI
Current use
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Food Market Restaurant
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Garden Center
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Tech Support Center (Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store
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Electronics Vending Machine Atm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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