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    5Th St Marysville, OH 43040

    For Sale
    $983,430

    Prime Commercial Land, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.12-acre commercial land parcel in Marysville, Ohio, presents a unique investment opportunity. Located at 1337 W 5th St, this property boasts a Traffic Oriented Commercial zoning designation and is ideally situated adjacent to a large Kroger Marketplace, ensuring high visibility and accessibility. The site benefits from an average daily traffic count of 28,000 vehicles on SR-33, providing significant exposure for any development. Utilities are already in place, simplifying the development process. The property's proximity to a nature preserve adds to its appeal. Marysville's robust growth trajectory, fueled by projects like the 33 Innovation Park and the Woodside mixed-use community, further enhances the investment potential. This location offers excellent potential for retail, office, or medical uses. The land is available for sale, ground lease, or build-to-suit options, providing flexibility for various development scenarios. The asking price is $983,430, reflecting the prime location and development potential. The property is zoned Suburban Commercial (SCD). This is a rare opportunity to acquire a strategically located commercial land parcel in a thriving Ohio market. The site's size and location make it an ideal choice for a variety of commercial ventures. Don't miss this chance to capitalize on Marysville's continued growth.

    Property Features for 0 5Th St

    General Information

    Property type
    Land
    Lot Size
    135,907 SF

    HighLights

    • 3.12‑acre site.
    • Minimum 3.1‑acre parcel available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marysville
    County
    Union
    State
    Ohio
    Longitude
    -83.3836502
    Latitude
    40.2391772

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic Area
    Where is this land located?
    The property is located at 5Th St Marysville, OH.
    What is the asking price?
    The asking price for this property is $983,430.
    What are key features of this property?
    This property features: 3.12-acre site.; Minimum 3.1-acre parcel available.;
    (614) 341-9800
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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
    5Th St Marysville, OH 43040
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