Marion-Waldo Rd Unit 7.22 Acres Rd Rd Marion, OH 43302
This exceptional 7.22-acre commercial parcel presents a remarkable opportunity for development in Marion, Ohio. Strategically located on Marion-Waldo Road (State Route 423 South), this property enjoys high visibility and convenient access, situated just half a mile south of a Kroger supermarket. The land is already zoned for commercial use (400-Commercial), eliminating the need for lengthy rezoning processes and expediting project timelines. All essential utilities are readily available, including public water, public sewer, electricity, natural gas, and internet connectivity, ensuring seamless infrastructure for any commercial venture. The expansive acreage offers significant potential for a variety of commercial developments, from retail spaces and restaurants to office buildings and light industrial facilities. Its prime location and existing zoning make this a truly exceptional investment opportunity in a thriving commercial area. The property's accessibility and proximity to established businesses make it an ideal location for attracting customers and employees. This is a rare chance to acquire a substantial, ready-to-develop commercial site in a desirable location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.