Marysville Columbus Ave Marysville, OH 43040
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.