855 State Route 61, Marengo, OH 43334

$2,000,000
Property Type: Land/Farm Lot Size (sq. ft.): 872,507 Status: Pending
Current Price: $2,000,000 List Date: 12/20/2025 Last Modified: 3/07/2026

Overview

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)

Listing Details MLS# 225046011

Location Property Info

Original List Price
2600000
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

MLS Entry Date
2025-12-20

General Property Info

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

Tax Info

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

Status Change Info

Under Contract Date
2026-03-07

Expenses

R.E. Taxes
8405

More Information

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/Acre
99850.22
City (Mailing Addr)
Marengo
Corp LimitPerAuditor
None

Office/Contract Info

For Sale
Yes
For Exchange
No
For Lease
No

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
Yes

Construction

Frame
Yes

Water Source

Public
Yes

Sewer

Private Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes
Other
Yes

Lot Characteristics

Split Option Avail
Yes

Alternate Uses

Commercial
Yes
Office
Yes
Residential
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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: March - 07 - 2026
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