4926 Us Highway 42, Mount Gilead, OH

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.