4 beds
2 full baths
1 partial baths
3,860 sqft
Listed By
Agency Name: Forman Realtors, Inc
Agency Phone: 740-965-1212
Agent Name: Jodie L Snider
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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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)
Property Features
Property Type: Residential - Single Family
Basement: Partial
Basement: Yes
Cooling: Central Air
Days on Market: 73
Fireplaces: 1
Garage: 2 car attached
Heating: Forced Air, Heat Pump
Home Style: Cape Cod
Lot Size: 20.03 Acres
Taxes: $8,405
Year Built: 1988
Feature Descriptions
Exterior: Brick, Stone, Vinyl Siding
Fireplace: Wood Burning, One
Lot: Split Option Avail
Parcel #: A01-0010035100
Parking: Attached Garage, Farm Bldg
Windows: Insulated All
Local Schools
School District: HIGHLAND LOCAL
Estimate Your Payment
Estimated Payment
$ 14,144.17 per month $12,685.42 Principal & Interest $700.42 Property Tax $758.33 Homeowner's InsuranceChange Payment Information
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855 State Route 61 | MLS# 225046010
This single family home located at 855 State Route 61, Marengo, OH 43334 is currently listed for sale with an asking price of $2,600,000. This property was built in 1988 and has 4 bedrooms and 2 full and 1 partial baths with 3860 sq. ft. State Route 61 is located within the HIGHLAND LOCAL school district. Search Marengo real estate on www.cutlercigroup.com today.