List Price/SqFt: 518.13
Mid/High Rise: No
City (Mailing Addr): Marengo
Corp LimitPerAuditor: None
New Construction: No
Baths F.H: 2.1
Manufactured Housing Y/N: No
Built Prior to 1978: No
SqFt Documented: 3860
Documented SqFt Source: Realist
ATFLS Source: Realist
HOA/COA Y/N: No
Comm Dev Chrg: No
Bedrooms: 4
Total Baths: 3
Full Baths: 2
Half Baths: 1
Garage/EnclosdSpaces: 2
Year Built: 1988
SqFt ATFLS: 3860
Acreage: 20.03
Mult Parcels/Sch Dis: No
Tax Abatement: No
Taxes (Yrly): 8405
Parcel #: A01-0010035100
Tax Year: 2024
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)
Beds UP1: 2
Beds Entry Level: 2
Full Baths UP1: 1
Full B Entry Level: 1
Attached Garage: 1
Farm Bldg: 1
1st Flr Primary Suite: 1
1st Flr Laundry: 1
Den/Home Office - Non Bsmt: 1
Dining Room: 1
Living Room: 1
Bed & Breakfast: 1
Commercial: 1
Farm: 1
Land: 1
Office: 1
Auction/Online Bidding Y/N: No
Forced Air: 1
Gas: 1
Heat Pump: 1
Den/Home Office Entry Level: 1
Accessible Features - Form Required: No
Brick: 1
Stone: 1
Vinyl Siding: 1
Existing Accessory Dwelling Unit: No
Green Features Y/N - Form Required: No
Property Sub Type: Single Family Residence
Original List Price: 2600000
List Price: $2,000,000
Street #: 855
Street Name: State Route 61
County: Morrow
State: OH
Zip Code: 43334
School District: HIGHLAND LSD 5902 MOR CO.
Township: Bennington
Status: Pending
MLS Entry Date: 2025-12-20
Directions: Half mile north of the I-71/State Route 61 Interchange and 1.2 miles south of State Route 229.
Under Contract Date: 2026-03-07
Levels: One and One Half
Architectural Style: Cape Cod
Common Walls: No Common Walls
Addl Acceptance Cond: None Known
Parking Features: Attached Garage; Farm Bldg
Basement Description: Partial
Foundation: Block
Exterior: Brick; Stone; Vinyl Siding
Rooms: 1st Flr Primary Suite; 1st Flr Laundry; Den/Home Office - Non Bsmt; Dining Room; Living Room
Fireplace: One; Wood Burning
Heating: Forced Air; Gas; Heat Pump
Air Conditioning: Central Air
Windows: Insulated All
Sewer: Private Sewer
Water Source: Public
Other Structures: Outbuilding
Lot Characteristics: Split Option Avail
Alternate Uses: Bed & Breakfast; Commercial; Farm; Land; Office
MLS Primary PhotoSrc: Realtor Provided
Printing Services: No Printing Services