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0 Payne Rd Marysville, OH 43040

OFF-MARKET Land Google Maps
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 217,800 square foot wooded lot presents a unique opportunity for development in Marysville, Ohio. Located on a quiet back road, this property boasts 270 feet of road frontage, offering excellent accessibility. The land is richly endowed with mature oak, walnut, and hickory trees, creating a serene and picturesque setting. A small stream naturally provides drainage. Multiple excellent building sites are available, allowing for flexibility in design and construction. The property is part of the Coleman Farm, situated at the corner of Payne and Coleman Brake Roads, in the 43040 zip code. A survey is currently underway, and the final driveway location will be determined by the Union County Engineer. This property is priced at $220,000 and offers significant potential for residential or commercial development. The location offers proximity to the amenities of Marysville while maintaining a peaceful, secluded atmosphere. This is a rare opportunity to acquire a substantial parcel of land in a desirable location.

Property profile

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Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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