For Sale
$2,722,500

Allentown Rd Elida, OH 45805

54 Acres, High Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
135
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.

Property Details for 0 Allentown Rd

Property type
Land, Farms

Location Insight

City
Elida
County
Allen
State
Ohio
Latitude
40.7484457
Longitude
-84.1462317

FAQs

What type of property is this?
Land - 54 Acres, High Development Potential
Where is the land located?
The property is located at Allentown Rd Elida, OH.
What is the asking price?
The asking price for this property is $2,722,500.
What are key features of this property?
This property features: Fair Market Value Sale.; High-traffic location with excellent visibility.; Strong tenant occupancy rates.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Allentown Rd
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