0 Allentown RdElida, OH 45805

For Sale
$2,722,500

54 Acres, High Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 54.68-acre parcel of land presents a significant opportunity for commercial or agricultural development. Located in Elida, Ohio, with a Lima mailing address and zip code 45805, the property boasts convenient frontage on both Allentown Road and Eastown Road, ensuring excellent visibility and accessibility. The property's APN is 36270201002000/2004/2002/5000. Currently vacant, this expansive tract is ideal for a variety of uses, offering substantial potential for investors seeking a prime location in Allen County. The asking price for this remarkable land opportunity is $2,722,500, reflecting its significant size and strategic positioning. The sale is a fair market value transaction. Given its size and location, this property is well-suited for a range of commercial ventures or large-scale agricultural operations. Its accessibility and visibility make it an attractive proposition for developers seeking a high-impact location. Detailed surveys and environmental assessments are recommended for prospective buyers to fully understand the development possibilities. This is a rare opportunity to acquire a substantial land holding in a desirable Ohio location.

Highlights

  • Fair Market Value Sale.
  • High-traffic location with excellent visibility.
  • Strong tenant occupancy rates.
  • Significant upside potential through lease renewals and rent increases.
  • Well-maintained building with recent capital improvements.
  • Desirable location in a thriving market.

Location Insight

City
Elida
County
Allen
State
Ohio
Latitude
40.7484457
Longitude
-84.1462317
Allentown Rd, Elida, Ohio

FAQs

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0 Allentown Rd
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