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    Waldo-Delaware Rd Marion, OH 43302

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    For Sale
    Contact for pricing

    Prime Commercial Land, US-23 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 17.49-acre parcel presents a unique investment opportunity in Marion County, Ohio. Strategically located on Waldo-Delaware Road with direct frontage on US-23, this property boasts a flat topography ideal for various development projects. The land is zoned for both Business Industrial (BI) and Rural Residential (RR) uses, offering considerable flexibility for potential buyers. Existing utilities include on-site water and electricity, with natural gas and sewer readily available nearby. The property's prime location within the growing US-23 North corridor presents significant potential for future appreciation. The flat terrain simplifies site preparation, minimizing development costs. Given the dual zoning, the possibilities are extensive, ranging from industrial facilities to residential developments, subject to necessary approvals and permits. This is a rare opportunity to acquire a sizable, well-situated tract of land with excellent access to major transportation routes and utilities. The potential for rezoning further enhances the property's versatility and long-term value. Serious inquiries are encouraged to explore the full potential of this remarkable land offering.

    Property Features for 0 Waldo-Delaware Rd

    General Information

    Property type
    Land
    Lot Size
    761,864 SF

    HighLights

    • BI (Business Industrial) and RR (Rural Residential) zoning.
    • Utilities on‑site (water & electric).
    • Gas and sewer readily accessible.
    • US‑23 frontage; flat land.
    • Located in the rapidly developing US‑23 North corridor.
    • High rezoning potential for diverse uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.1220074
    Latitude
    40.5518645

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, US-23 Frontage
    Where is this land located?
    The property is located at Waldo-Delaware Rd Marion, OH.
    What are key features of this property?
    This property features: BI (Business Industrial) and RR (Rural Residential) zoning.; Utilities on-site (water & electric).; Gas and sewer readily accessible.
    Request Owner's contact information
    Waldo-Delaware 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
    Waldo-Delaware Rd Marion, OH 43302
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