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$ 2,600,000
Est. payment /mo
Active
855 State Route 61 Marengo, OH 43334
20.03 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225046011
Year Built 1988
Annual Tax Amount $8,405
Lot Size 20.030 Acres
Lot Dimensions 20.03
Property Sub-Type Mixed Use
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 #225046010)
Location
State OH
County Morrow
Area 20.03
Zoning Commercial
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Building
Lot Description Split Option Avail
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
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