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    108 Markley Rd London, OH 43140

    For Sale
    $269,900

    Spacious Ohio land, ample storage, convenient location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 4.23-acre property located at 108 Markley Road in London, Ohio, presents a unique opportunity for investors and developers alike. Offered at $269,900, this expansive parcel boasts a substantial lot size of 184,258.8 square feet, providing ample space for a variety of uses. The property's strategic location offers convenient access to major roadways, ensuring effortless commutes and connectivity. While enjoying a peaceful, secluded setting, it remains within easy driving distance of downtown London and its amenities, striking a perfect balance between tranquility and accessibility. Adding significant value is a pre-existing 32 x 64 foot block building, ideal for equipment storage, vehicle parking, or use as a workshop. Constructed in 1983, this sturdy structure offers substantial utility and practicality. Situated in Madison County, Ohio, with a 43140 zip code, this property is conveniently located at 39.9316051 latitude and -83.5175053 longitude. This versatile land parcel is perfect for those seeking a peaceful retreat or a blank canvas for their future development plans. Don't miss this chance to acquire a significant piece of Ohio real estate.

    Property Features for 108 Markley Rd

    General Information

    Property type
    Land

    Building Details

    Year Built
    1983
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Bed & Breakfast Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    London
    County
    Madison
    State
    Ohio
    Longitude
    -83.5175053
    Latitude
    39.9316051

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    FAQs

    What type of property is this?
    Land - Spacious Ohio land, ample storage, convenient location.
    Where is this land located?
    The property is located at 108 Markley Rd London, OH.
    What is the asking price?
    The asking price for this property is $269,900.
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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
    108 Markley Rd London, OH 43140
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