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Marengo Commercial Land Opportunity
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461 State Rte 61, Marengo, OH 43334

Level lot near I-71 and SR-61 interchange, multiple uses.

Property SizeContact for details
Days on Market1237

Property Features for 461 State Rte 61

General Information

Standard status Active
Property subtype Land
Zoning C-2 - Highway Commercial Zoning District & I-1 - Industrial Zoning District
Listing Agency: The Robert Weiler Company
Listed By: Alex Marsh · License #2013002225
Source: Crexi
Added: Mar 22, 2023 Changed: Aug 8 Last Checked: Jul 15 at 12:52PM

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 The Robert Weiler Company

Investment Insights

Based on property information with market context.

This level lot features a retail/office building and presents a rare opportunity for various potential uses near the I-71 and SR-61 interchange exit. The site is suitable for large gas station users who may purchase or lease the entire site, allowing for truck parking in the rear. Alternatively, the frontage can be developed, as the parcel is divisible. Industrial users have the potential to construct up to 200,000 square feet on the site, or multiple smaller buildings, depending on the business needs. The seller is open to a build-to-suit arrangement, land lease, or sale. Several site plans are available in the brochure as examples. The location is within 35 minutes of Downtown Columbus, the new Intel facility, and the I-270 Columbus Outerbelt.

Property Analytics

Current Use

CNG estation Gas Station Igs Cng Services Gas Station

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Bakery (Bike/Boat/Book/etc) Store Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

Demographics for 43334, OH

6,721
Population
2,470
Households
2.7
Avg Household Size
43
Median Age
18%
College-Educated
95%
High-School Grad
66.1 sq mi
ZIP Area
102
Density / Sq Mi
$84,510
Median Household Income
$47,736
Median Earnings
$991
Median Rent
$245,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Level lot near I-71 and SR-61 interchange, multiple uses.
Where is this commercial land located?
The property is located at 461 State Rte 61 Marengo, OH.
(614) 221-4286 Call to check price and availability
More about this property
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