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    Barks Rd Marion, OH 43302

    Sponsored
    For Sale
    $385,000

    6.5 Acres, Approved for Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 6.548-acre parcel in Marion, Ohio, presents a remarkable opportunity for residential development. Located on Barks Rd W, in Marion County, with a 43302 zip code, this property boasts city sewer and water access, eliminating significant infrastructure hurdles. The land has already received approval for multi-family residential construction, allowing for up to seven units per acre, offering substantial potential for a high-density development. The expansive lot size provides ample space for a variety of residential projects, from apartment complexes to condominium developments. This prime location in Marion offers convenient access to local amenities and services, making it an attractive proposition for both residents and investors. The asking price is $385,000, representing a compelling investment opportunity given the approved zoning and existing infrastructure. Detailed site plans and development approvals are available upon request. This is a rare chance to acquire a large, ready-to-develop residential lot in a desirable Ohio location. Don't miss this chance to build your next successful project. Coordinates: 40.5636986, -83.1326593.

    Property Features for 0 Barks Rd

    General Information

    Property type
    Land
    Lot Size
    285,231 SF

    HighLights

    • $385,000 asking price.
    • 6.548‑acre residential land parcel.
    • Approved for up to 7 units per acre (apartments or condos).
    • City sewer and water available.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.1326593
    Latitude
    40.5636986

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    FAQs

    What type of property is this?
    Land - 6.5 Acres, Approved for Development
    Where is this land located?
    The property is located at Barks Rd Marion, OH.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: $385,000 asking price.; 6.548-acre residential land parcel.; Approved for up to 7 units per acre (apartments or condos).
    Request Owner's contact information
    Barks Rd Marion, OH 43302
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    Marion, OH 43302
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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
    Barks Rd Marion, OH 43302
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