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4926 US Highway 42 Mount Gilead, OH 43338

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For Sale
$1,450,000

Farmhouse, barns, workshop, and acreage near Mount Gilead, Ohio.

Type:Land
Lot size:
76.40 Acres
Added:
Mar 12, 2026
Days on Market:
20
Last Refresh:
Mar 16 at 1:44 pm

Property Features for 4926 US Highway 42

General Information

Standard status
Active
Lot size
76.40 Acres
Property subtype
Land

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Listing Contact
Patrick Williams

Listing agent Patrick Williams License #OH

Listing office Coldwell Banker Commercial Heritage

Listing date Mar 12, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Heritage


Overview

76-Acre Farm and Residential Property

This 76-acre farm and residential property is located just south of Mount Gilead along State Route 42. The well-maintained rural estate includes a farmhouse in good condition, three large barns, and a full workshop with power. The property offers productive farmland and improved residential acreage suitable for agricultural, residential, residential development, or long-term investment use. The property consists of 76.396 acres across three parcels, with 72 acres enrolled in CAUV (Current Agricultural Use Valuation) and 5 acres of improvements, residence, and a limited wooded area. The barns and powered workshop provide utility and storage capacity. The property has frontage and access along State Route 42 and is located minutes from Mount Gilead and I-71. The location is approximately 40 miles north of Columbus, between the Columbus and Mansfield markets, with access to I-71 for connections to Columbus, Cleveland, and Cincinnati. The population growth rate for Morrow County is above average for Ohio counties, driven by proximity to Columbus. A growing share of Franklin and Delaware County residents have relocated to Morrow County for its affordability and rural environment while commuting to jobs in the capital region. This migration trend is expected to continue, increasing demand for single-family residential development, multi-family housing, retail, and supporting service businesses. The property offers stable agricultural income potential under the CAUV program and long-term appreciation opportunity tied to Columbus metro expansion. The acreage supports multiple exit strategies, including farm, residential, or mixed-use development.
Location Intelligence

Current Use by Public Records

Farms

Suggested Use

Real Estate Agency Wine and Liquor Store Home Appliance Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Mount Gilead
County
Butler
State
Ohio
Longitude
-82.7592
Latitude
40.5633

FAQs

What type of property is this?
Farm - Farmhouse, barns, workshop, and acreage near Mount Gilead, Ohio.
Where is this farm located?
The property is located at 4926 US Highway 42 Mount Gilead, OH.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 76+ acres ideal for agricultural operation, estate living, residential development, or long‑term land investment.; 72 acres enrolled in CAUV providing stable agricultural income potential.; Located in Morrow County, an emerging market experiencing population growth.
More about this property
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