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    20478 Delaware County Line Rd Magnetic Springs, OH 43040

    For Sale
    $224,900

    Build your dream home on this scenic 6-acre lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 253,954.8 square foot parcel presents a rare opportunity to own nearly six acres of land ideally situated in a desirable location. Straddling Delaware and Union Counties, this property offers the benefit of both Buckeye Valley and Marysville Exempt Village Schools. Enjoy breathtaking, tranquil views from this quiet county road setting. The location provides convenient access to major highways, with a short 18-minute commute to both downtown Delaware and downtown Marysville. Columbus is also easily accessible, located approximately 30 minutes away. This property is perfect for those seeking to build their dream home, create a private escape, or capitalize on investment potential in a thriving area. Utilities are readily available, with electricity already at the roadside. A soil test has already been completed, simplifying the building process. The property's strategic location and desirable features make it an attractive prospect for various development plans. Note that additional lots ranging from 3.4 to 7.7 acres are also available.

    Property Features for 20478 Delaware County Line Rd

    General Information

    Property type
    Land

    HighLights

    • $224,900 asking price.
    • 6‑acre land parcel in Marysville, OH.
    • Located in Union County, near Delaware County line.
    • Served by Buckeye Valley and Marysville Exempt Village Schools.
    • Convenient access to major highways, 18 minutes to Delaware and Marysville, 30 minutes to Columbus.
    • Utilities at the road, soil test completed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Magnetic Springs
    County
    Union
    State
    Ohio
    Longitude
    -83.2510085
    Latitude
    40.3083176

    FAQs

    What type of property is this?
    Land - Build your dream home on this scenic 6-acre lot.
    Where is this land located?
    The property is located at 20478 Delaware County Line Rd Magnetic Springs, OH.
    What is the asking price?
    The asking price for this property is $224,900.
    What are key features of this property?
    This property features: $224,900 asking price.; 6-acre land parcel in Marysville, OH.; Located in Union County, near Delaware County line.
    Request Owner's contact information
    20478 Delaware County Line Rd Magnetic Springs, OH 43040
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    Magnetic Springs, OH 43040
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    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
    20478 Delaware County Line Rd Magnetic Springs, OH 43040
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