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OFF-MARKET
Land

0 4.5 Acres Marion Waldo Rd Marion, OH 43302

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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