855 State Route 61, Marengo, OH 43334

New Listing
$2,600,000
Property Type: Land/Farm Lot Size (sq. ft.): 872,507 Status: Active
Current Price: $2,600,000 List Date: 12/20/2025 Last Modified: 12/20/2025

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)

Supplements: ********

More Information MLS# 225046011

Location & Property Info

List Price/Acre: 129805.29 City (Mailing Addr): Marengo Corp LimitPerAuditor: None

Office/Contract Info

For Sale: Yes For Exchange: No For Lease: No

General Property Info

Built Prior to 1978: No Traffic Count PerDay: 13400 Road Frontage: 687.39 Residential Dwelling/Other Structure Y/N: Yes # of Dwellings: 1 # of Buildings: 1 Building Sq Ft: 3860 Acreage: 20.03 Year Built: 1988

Tax Info

Zoning: Commercial Multiple Parcels: No Tax Abatement: No Taxes (Yrly): 8405 Parcel #: A01-0010035100 Tax Year: 2024

Remarks & Misc

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)

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

Expenses

R.E. Taxes: 8405

Construction

Frame: 1

Water Source

Public: 1

Sewer

Private Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1 Other: 1

Lot Characteristics

Split Option Avail: 1

Alternate Uses

Commercial: 1 Office: 1 Residential: 1

Auction Info

Auction/Online Bidding Y/N: No

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 2600000 List Price: $2,600,000 Property Sub Type: Mixed Use Street #: 855 Street Name: State Route 61 County: Morrow State: OH Zip Code: 43334 School District: HIGHLAND LSD 5902 MOR CO. Township: Bennington

OfficeContract Info

Status: Active MLS Entry Date: 2025-12-20

Property Features

Addl Acceptance Cond: None Known Construction: Frame Water Source: Public Sewer: Private Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available; Other Lot Characteristics: Split Option Avail Alternate Uses: Commercial; Office; Residential MLS Primary PhotoSrc: Realtor Provided
Listing Office: Forman Realtors, Inc
Listing Agent: Jodie L Snider
Last Updated: December - 20 - 2025
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