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855 State Route 61 Marengo, OH 43334
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Key Details
Sold Price $1,800,000
Property Type Single Family Home, Vacant Land
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,860 sqft
Price per Sqft $466
MLS Listing ID 225046010
Style Cape Cod
Bedrooms 4
Full Baths 2
Year Built 1988
Annual Tax Amount $8,405
Lot Size 20.030 Acres
Property Sub-Type Single Family Residence
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
Rooms
Other Rooms 1st Floor Primary Suite, Den/Home Office - Non Bsmt, Dining Room, Living Room
Dining Room Yes
Interior
Heating Forced Air, Heat Pump
Cooling Central Air
Fireplaces Type Wood Burning, One
Equipment Yes
Laundry 1st Floor Laundry
Exterior
Parking Features Attached Garage, Farm Bldg
Garage Spaces 2.0
Garage Description 2.0
Building
Lot Description Split Option Avail
Schools
High Schools Highland Lsd 5902 Mor Co.
School District Highland Lsd 5902 Mor Co.
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NEARBY SCHOOLS & BUSINESSES




