10315 Marne Rd Nashport, OH 43830
This exceptional 22.34-acre commercial land parcel presents a unique development opportunity in Nashport, Ohio. Strategically located at the intersection of State Route 16 and State Route 586 (Blackrun Road) and Marne Road, just east of Frazeysburg and the Licking County line, this property boasts unparalleled visibility. The expansive lot size totals 973,130.4 square feet, offering significant frontage along State Route 16 (886 feet) and State Route 586 (1010 feet). Currently, the property includes four existing buildings: three commercial structures totaling 4390 square feet and a 1586 square foot, three-bedroom ranch-style residence with a two-car attached garage and two bathrooms. The property is being sold "as is" and is currently unzoned. A significant advantage for potential buyers is the inclusion of all mineral rights owned by the seller. This prime location, combined with its substantial size and existing structures, makes this an ideal investment for developers seeking high-impact commercial projects. The property's high visibility from the major roadways and the overpass of State Route 586 ensures excellent exposure for any future development. The existing buildings offer potential for immediate income generation or redevelopment, providing flexibility for various commercial ventures. This is a rare opportunity to acquire a large, strategically located parcel in a growing area. The asking price is $1,280,000. Built in 1901, this property offers a blank canvas for your vision.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.