Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    461 State Route 61 Marengo, OH 43334

    Sponsored
    For Sale
    Contact for pricing

    19.5 Acres, Multiple Uses Possible

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 19.516-acre commercial land parcel in Marengo, Ohio, presents a unique investment opportunity. Situated at 461 State Route 61, this property boasts a highly desirable location at the I-71 and SR-61 interchange exit, offering unparalleled accessibility. Zoned C-2 (Highway Commercial) and I-1 (Industrial), the land is suitable for a wide range of commercial and industrial developments. Potential uses include a large gas station with ample truck parking, a significant industrial facility (up to 200,000 square feet), or multiple smaller buildings. The seller is open to various transaction structures, including build-to-suit options, land leases, or outright sale. Several site plans are available to illustrate potential development scenarios. The property's strategic location provides easy access to Downtown Columbus (within 35 minutes), the new Intel facility, and the I-270 Columbus Outerbelt, making it an attractive proposition for businesses seeking a prominent location with excellent connectivity. The property's APN is A01-001-00-361-01, A01-001-00-363-01, A01-064-00-004-01. This level lot offers significant potential for a variety of commercial ventures.

    Property Features for 461 State Route 61

    General Information

    Property type
    Land
    Lot Size
    850,117 SF

    HighLights

    • Versatile property suitable for various uses.
    • Excellent accessibility via I‑71 and SR‑61 interchange.
    • Build‑to‑suit option available.
    Property Profile Location Intelligence

    Current Use by Public Records

    CNG estation Alternative Fuel Station Igs Cng Services Gas Station

    Suggested Use

    Restaurant Building Supply Dental Office Auto Repair Shop Pharmacy Gym & Fitness Food Market Grocery Store Discount Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Marengo
    County
    Morrow
    State
    Ohio
    Longitude
    -82.8289078
    Latitude
    40.3710253

    Nearby Comparable

    • Contact for pricing

      Commercial Pad Site Available

      Prime commercial pad site with drive-thru approval.
      876 State Route 61, Marengo, OH 43334
      View Details
    • Contact for pricing

      Land with Development Potential

      Level lot near I-71 and SR-61 interchange.
      461 Oh-61, Marengo, OH
      View Details
    • $437,380

      Sunbury Farm: 11.5 Acres

      Ohio farmland, buildable acreage, excellent location.
      0 Plantation Rd, Sunbury, OH 43074
      View Details
    • $661,200

      Sunbury Farm: 17 Acres, $661,200

      Prime Ohio farmland, buildable acreage, excellent location.
      0 Plantation Rd, Sunbury, OH 43074
      View Details
    • $658,970

      Sunbury Farm: 17.8 Acres

      Ohio farmland, ideal for estate or development.
      0 Plantation Rd, Sunbury, OH 43074
      View Details
    • $237,400

      Spacious Condo with Updated Features

      Updated 4-bed, 3-bath condo with over 1,800 sq. ft.
      20 Towne And Country Dr, Tiffin, OH 44883
      View Details
    • $424,900

      Prime Sunbury Land - 3.79 Acres

      Wooded ravine lot, Big Walnut schools.
      0 Olive Ct, Sunbury, OH 43074
      View Details
    • $392,613

      Sunbury Land: 10 Acres, FR-1 Zoning

      Wooded acreage near I-71; excellent development potential.
      6 State Route 521, Sunbury, OH 43074
      View Details
    • $999,900

      Prime Sunbury Commercial Land

      High-traffic retail lot, excellent visibility.
      0 State Route 37, Sunbury, OH 43074
      View Details

    FAQs

    What type of property is this?
    Land - 19.5 Acres, Multiple Uses Possible
    Where is this land located?
    The property is located at 461 State Route 61 Marengo, OH.
    What are key features of this property?
    This property features: Versatile property suitable for various uses.; Excellent accessibility via I-71 and SR-61 interchange.; Build-to-suit option available.
    (614) 221-4286
    Request Owner's contact information
    461 State Route 61 Marengo, OH 43334
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    461 State Route 61
    Marengo, OH 43334
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    461 State Route 61 Marengo, OH 43334
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.