$2,461,500

0 Allentown Rd Lima, OH 45805

Estimated payment $15,513/month

Total Views 27,935
54.7 Acres
$45,000 Price per Acre
2,382,732 Sq Ft Lot

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

Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot
  • Current uses include agriculture, agribusiness
  • Potential uses include agriculture, commercial, for development

Property Details

Property Type

Land

Listing Details

  • Office Phone: 419-517-7923
  • Listing Website: https://www.land.com/property/0-allentown-rd.-lima-ohio-45807/25930584/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Agriculture, Commercial, For Development
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Lot Info

  • Current Use: Agriculture, Agribusiness
  • Lot Description: Acreage, Corner

Map

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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 -- --
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