OH > Marengo
Marengo, OH 43334,855 State Route 61
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Marengo, OH 43334,855 State Route 61
Marengo, OH 43334,855 State Route 61
Marengo, OH 43334,855 State Route 61
Marengo, OH 43334,855 State Route 61
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Lee Ritchie

Lee Ritchie

+1(614) 595-0732
$ 2,600,000
Est. payment /mo
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855 State Route 61 Marengo, OH 43334

4 Beds

2.5 Baths

3,860 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Vacant Land

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,860 sqft

Price per Sqft $673

MLS Listing ID 225046010

Style Cape Cod

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1988

Annual Tax Amount $8,405

Lot Size 20.030 Acres

Lot Dimensions 20.03

Property Sub-Type Single Family Residence

Source Columbus and Central Ohio Regional MLS

Property Description

Prime commercial investment opportunity encompassing 20.03 acres (approximately 4.70 acres in I-71 right-of-way) located half mile from the interstate in a high-traffic corridor with average daily traffic counts exceeding 13,000 vehicles along the frontage and 68,000 vehicle exposure to I-71 interstate to the rear. Zoned commercial, this property offers exceptional visibility, accessibility, and long-term development potential. All utilities are available, including CENTRALIZED SEWER, PUBLIC WATER, NATURAL GAS, ELECTRIC, and HIGH-SPEED INTERNET—minimizing upfront infrastructure costs and accelerating development timelines. Existing improvements include a 3,860 sq. ft. residence and a 58' x 44' concrete foundation outbuilding with a 38' x 16' lean-to and a 20' x 37' enclosed lean-to, providing immediate use for the new owner's needs. Currently used for agriculture purposes, the entire property is available for the buyer's use upon closing. An excellent 1031 exchange opportunity for buyers seeking to preserve capital while positioning assets in a prime interstate corridor with strong traffic exposure and future appreciation potential. Buyer's agent or a licensed representative must be with their client during all showings. (Also listed as MLS #225046009 & MLS #225046011)

Location

State OH

County Morrow

Area 20.03

Direction Half mile north of the I-71/State Route 61 Interchange and 1.2 miles south of State Route 229.

Rooms

Other Rooms 1st Floor Primary Suite, Den/Home Office - Non Bsmt, Dining Room, Living Room

Basement Partial

Dining Room Yes

Interior

Heating Forced Air, Heat Pump

Cooling Central Air

Fireplaces Type Wood Burning, One

Equipment Yes

Fireplace Yes

Laundry 1st Floor Laundry

Exterior

Parking Features Attached Garage, Farm Bldg

Garage Spaces 2.0

Garage Description 2.0

Total Parking Spaces 2

Garage Yes

Building

Lot Description Split Option Avail

Level or Stories One and One Half

Schools

High Schools Highland Lsd 5902 Mor Co.

School District Highland Lsd 5902 Mor Co.

Others

Tax ID A01-0010035100

Listed by Jodie L Snider Forman Realtors, Inc
Lee Ritchie

Lee Ritchie

+1(614) 595-0732

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