0 Raymond Rd Marysville, OH 43040
This expansive 122.89-acre property, located at 0 Raymond Road in Marysville, Ohio, presents a remarkable opportunity for investors and developers. The land, encompassing 5,353,088.4 square feet, is currently zoned for agricultural use, offering flexibility for future development plans. The asking price is $1,850,000, translating to approximately $16,030.59 per acre. The property boasts significant road frontage, measuring 240 feet, providing excellent accessibility. A substantial portion of the land, approximately 75 acres, is tillable, adding further value and potential for agricultural pursuits or future development. Situated just outside the Marysville city limits in Union County, Ohio (zip code 43040), this location offers a blend of rural tranquility and proximity to urban amenities. The property's size and zoning make it ideal for a variety of uses, from large-scale residential development to agricultural expansion or the creation of a private estate. This meticulously maintained land represents a unique investment opportunity with considerable upside potential. The property's coordinates are 40.2957281 latitude and -83.4141919 longitude. Don't miss this chance to acquire a substantial land parcel with significant development potential.
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.