Estimated payment $15,513/month
About This Lot
Spanning approximately 54.7 acres in Section 27 of American Township, this expansive vacant land opportunity offers exceptional potential for a wide range of development possibilities. Comprised of four parcels, the property features valuable road frontage along both Eastown Road and Allentown Road, providing excellent visibility and accessibility. With a mixed zoning designation, the site is well-suited for numerous uses including retail, residential housing, hospitality, or a thoughtfully planned mixed-use development.
The land is predominantly tillable, offering flexibility for interim agricultural use or future transformation. Its predominantly level terrain and generous size make it an ideal canvas for developers, investors, or builders seeking a strategic location with strong growth potential. Positioned in a high-traffic area, the property benefits from significant daily vehicle counts, enhancing its appeal for commercial ventures looking to maximize exposure.
Located within the desirable Elida School District, this property combines convenience with opportunity. Annual taxes are to be determined and land is currently enrolled in CAUV. Whether you're looking to develop now or invest for the future, this prime acreage presents a rare chance to secure a substantial footprint in a thriving area with limitless possibilities.
Listing Agent
Ron Spencer
Ron Spencer Real Estate, Inc. Listed on: 01/02/2026
Property Details
Property Type
- Land
Lot Details
- Corner Lot
- Current uses include agriculture, agribusiness
- Potential uses include agriculture, commercial, for development
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2026 01/02/26 | For Sale | $2,461,500 | +795.1% | -- |
| 07/23/2024 07/23/24 | For Sale | $275,000 | -88.8% | -- |
| 12/13/2023 12/13/23 | Price Changed | $2,461,500 | -9.6% | -- |
| 01/10/2022 01/10/22 | For Sale | $2,722,500 | 0.0% | -- |
| 01/01/2022 01/01/22 | Off Market | $2,722,500 | -- | -- |
| 01/25/2021 01/25/21 | For Sale | $2,722,500 | -- | -- |
- 00 Allentown Rd
- 2984 Freyer Rd
- 3055 Freyer Rd
- 3680 Sky Hawk Dr
- 3755 Comanche
- 3739 Comanche
- 3721 Comanche
- 3619 Comanche Dr
- 3979 Running Oak Trail
- 3624 Comanche Dr
- 3660 Comanche Dr
- 3953 Willow Oak Trail
- 3790 Comanche Dr
- 000 N Stevick Rd
- 0000 N Stevick Rd
- 1839 Baty Rd
- 174 Bridle Trail
- 1629 Chandler Dr
- 110 Steeple Chase
- 224 Buckingham Dr
- 1976 N Eastown Rd
- 2563 W Market St
- 2357 Amy Ave
- 108 Hartford Ct Unit 108
- 116 Pierre Place Unit 116
- 2941 Elijah Pkwy
- 1387 N Cole St Unit 1
- 1418 W High St
- 1432 W Elm St
- 405 N Kenilworth Ave
- 2639 Debbie Dr
- 1014 W Market St Unit 3
- 139 N Jameson Ave
- 2260 Lake Circle Dr
- 1014 Brower Rd
- 901 W Market St
- 630 Ewing Ave
- 420 N Baxter St
- 466 W Mckibben St
- 228 Nye St
Ask me questions while you tour the home.