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    Columbus Ave Marysville, OH 43040

    For Sale
    $1,521,000

    Prime Marysville commercial lot, PUD zoned.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.34-acre commercial lot, identified as Lot A, presents a remarkable investment opportunity in the thriving city of Marysville, Ohio. Located on Columbus Avenue and boasting frontage on the recently improved Professional Parkway, this property is ideally situated for immediate development. The lot is zoned PUD (Planned Unit Development), offering flexibility for a variety of commercial uses. All necessary utilities are readily available, simplifying the development process. This strategic location benefits from its proximity to several new residential developments, including the Marysville Flats and The Club at Woodside apartments, which are already completed or under construction. Further enhancing its appeal, the Retreat at Marysville apartments are slated for construction in Summer 2024. This surge in residential construction creates a strong demand for supporting commercial businesses, making this property exceptionally well-positioned for future growth. The asking price is $1,521,000, translating to a land value of $650,000 per acre. The property's APN is 2900031230060. This is a rare opportunity to acquire a prime commercial parcel in a rapidly expanding area of Union County. Don't miss out on this chance to secure a piece of Marysville's vibrant future.

    Property Features for 0 Columbus Ave

    General Information

    Property type
    Land
    Lot Size
    101,930 SF

    HighLights

    • Excellent highway accessibility.
    • Planned Unit Development (PUD) zoning; utilities readily available.
    • Prime location near new residential, multi‑family, and senior housing.
    • $650,000 per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marysville
    County
    Union
    State
    Ohio
    Longitude
    -83.3498283
    Latitude
    40.2310586

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    FAQs

    What type of property is this?
    Land - Prime Marysville commercial lot, PUD zoned.
    Where is this land located?
    The property is located at Columbus Ave Marysville, OH.
    What is the asking price?
    The asking price for this property is $1,521,000.
    What are key features of this property?
    This property features: Excellent highway accessibility.; Planned Unit Development (PUD) zoning; utilities readily available.; Prime location near new residential, multi-family, and senior housing.
    (614) 245-2182
    Request Owner's contact information
    Columbus Ave Marysville, 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
    Columbus Ave Marysville, OH 43040
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