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    Marengo, OH
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    Marengo, OH Commercial Land for Sale

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    Cardington, OH Centerburg, OH Sunbury, OH Sparta, OH Ashley, OH Fredericktown, OH Chesterville, OH Mount Vernon, OH
    Commercial Corner Development Opportunity
    Updated: Mar 8
    Commercial Corner Development Opportunity

    6530 State Route 229, Marengo, OH 43334

    $950,000
    3,148 sqft 3.30 AC lot
    Prime commercial corner location adjacent to Highland Local Schools and across from Highland Community Park.
    Existing restaurant building with utilities in place, including an active sanitary sewer tap.
    Established business (Highland Pizza & Ice Cream) with a strong local following.
    High‑traffic location on a regional corridor connecting multiple communities.
    3.3± acre parcel suitable for various commercial uses.
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    This listing looks promising.

    Here's a quick look at some key insights for

    6530 State Route 229, Marengo, OH 43334

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    • Est. Cap Rate

      4.1%
      NOI ÷ price

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $560K
      Suggested
    View Property Analytics
    Marengo, OH Mixed-Use Land
    Updated: May 1
    Marengo, OH Mixed-Use Land

    State Route 229, Marengo, OH 43334

    $250,000
    3.38 AC lot
    Prime 3.37‑acre mixed‑use development opportunity.
    High‑traffic location on SR 229.
    Located in the rapidly expanding Village of Marengo.
    Comprised of four separate parcels.
    Water available (Public Source).
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    Commercial Pad Site Available
    Commercial Pad Site Available

    876 State Route 61, Marengo, OH

    Contact for pricing
    0.80 AC lot

    Prime commercial pad site with drive-thru approval.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Marengo, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Lot in Cardington, OH
    Corner Lot in Cardington, OH

    County Road 24, Cardington, OH 43315

    $114,900
    3.57 AC lot

    Large corner lot with extensive road frontage in Cardington, OH.

    View details
    Corner Lot in Downtown Centerburg
    Corner Lot in Downtown Centerburg

    76 E Main Street, Centerburg, OH 43011

    $125,000
    0.20 AC lot

    Corner lot with multiple access points in downtown Centerburg.

    View details
    Commercial Building Lot for Development
    Commercial Building Lot for Development

    129 W Main St., Cardington, OH 43315

    Contact for pricing

    Commercial building lot comprised of three parcels with asbestos removal and cleanup completed on-site.

    View details
    Commercially Zoned Land Parcel
    Commercially Zoned Land Parcel

    50 Johnsville Road, Centerburg, OH 43011

    Contact for pricing
    1.25 AC lot

    1.245-acre commercially zoned land on Johnsville Road with city water and sewer available.

    View details

    Marengo, OH Commercial Land Market Trends and Statistics

    Explore 3 commercial land for sale in Marengo, OH, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 325,829 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for commercial lots in Marengo, OH start at $250,000, averaging $600,000, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 11
    Commercial land 4
    Waterfront Land 1

    Demographics Overview

    Population 6,339
    Population Growth (5Y) +0.4%
    Median Household Income $84,510
    College Educated 21.8%

    High-Yield Neighborhoods for Investment

    Identify Marengo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    43334 $716.7K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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