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    4.5 Acres Marion Waldo Rd Marion, OH 43302

    Sponsored
    For Sale
    $270,000

    4.5 Acres, $270,000 - Ohio

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.5-acre commercial land parcel, located at 4.5 Acres Marion Waldo Rd, Marion, OH 43302, presents a unique investment opportunity. The property boasts a substantial 196,020 square feet of land, ideal for a variety of commercial ventures. Situated in a prime location with convenient access to nearby amenities such as Kroger and restaurants, this site offers excellent visibility and accessibility. The parcel will be surveyed off from parcel # 250080000802 at the seller's expense, contingent upon approval of the intended use by Pleasant Township and Marion County Regional Planning. The property features a depth of approximately 540 feet, with the width to be determined during the survey process. It offers a 140-foot setback from Marion Waldo Road (423) and a 40-foot rear setback. All essential utilities are readily available, including public water, public sewers, electricity, natural gas, and internet access. Surrounding commercial properties underscore the area's thriving business environment, making this a highly attractive location for development. The asking price for this strategically positioned land is $270,000. This is a rare opportunity to acquire a sizable commercial lot in a desirable area with excellent infrastructure and proximity to established businesses. Don't miss out on this chance to build your business in a thriving community.

    Property Features for 0 4.5 Acres Marion Waldo Rd

    General Information

    Property type
    Land

    HighLights

    • 4.5‑acre commercial land parcel in Marion, OH, ideal for various commercial uses.
    • 196,020 square feet of land, surveyed from parcel # 250080000802 (seller's expense, contingent on township/county approval).
    • Excellent visibility and accessibility, near Kroger and restaurants.
    • Utilities available: public water, sewer, electricity, natural gas, and internet.
    • Asking price: $270,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.0981352
    Latitude
    40.5141267

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    FAQs

    What type of property is this?
    Land - 4.5 Acres, $270,000 - Ohio
    Where is this land located?
    The property is located at 4.5 Acres Marion Waldo Rd Marion, OH.
    What is the asking price?
    The asking price for this property is $270,000.
    What are key features of this property?
    This property features: 4.5-acre commercial land parcel in Marion, OH, ideal for various commercial uses.; 196,020 square feet of land, surveyed from parcel # 250080000802 (seller's expense, contingent on township/county approval).; Excellent visibility and accessibility, near Kroger and restaurants.
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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
    4.5 Acres Marion Waldo Rd Marion, OH 43302
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