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    Marysville Columbus Ave Marysville, OH 43040

    For Sale
    $1,155,000

    Prime 2.1-acre commercial lot in Marysville, OH.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.1-acre commercial lot, designated as Lot B, presents a remarkable investment opportunity in the thriving city of Marysville, Ohio. Strategically located on Columbus Avenue and the west side of the recently upgraded Professional Parkway, this property boasts excellent visibility and accessibility. The lot is zoned PUD (Planned Unit Development), offering flexibility for a variety of commercial uses. All necessary utilities are readily available, simplifying development plans. The property's exceptional location is further enhanced by its proximity to several new residential and multi-family developments, including the Marysville Flats apartments, The Club at Woodside apartments (currently under construction), and the Retreat at Marysville apartments (scheduled for construction in Summer 2024). This vibrant surrounding environment ensures high traffic and strong potential for future growth. The asking price is $1,155,000, translating to $550,000 per acre, reflecting the land's prime location and development potential. The property's APN is 2900031230050. An adjacent 2.34-acre lot (Lot A) is also available. This presents a unique opportunity to acquire a significant land parcel in a rapidly developing area.

    Property Features for Marysville Columbus Ave

    General Information

    Property type
    Land
    Lot Size
    91,476 SF

    HighLights

    • $1,155,000 asking price for 2.1 acres of commercial land.
    • Located at 0 Columbus Ave, Marysville, OH 43040 (APN: 2900031230050).
    • PUD zoning.
    • $550,000/acre land value.
    • Excellent access to major roads and surrounded by new residential and multi‑family developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marysville
    County
    Union
    State
    Ohio
    Longitude
    -83.350644
    Latitude
    40.231091

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    FAQs

    What type of property is this?
    Land - Prime 2.1-acre commercial lot in Marysville, OH.
    Where is this land located?
    The property is located at Marysville Columbus Ave Marysville, OH.
    What is the asking price?
    The asking price for this property is $1,155,000.
    What are key features of this property?
    This property features: $1,155,000 asking price for 2.1 acres of commercial land.; Located at 0 Columbus Ave, Marysville, OH 43040 (APN: 2900031230050).; PUD zoning.
    (614) 245-2182
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    Marysville Columbus Ave Marysville, OH 43040
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    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
    Marysville Columbus Ave Marysville, OH 43040
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