Technical
Financial
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Property profile

0 County Road 24 Marengo, OH 43334

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 90-acre (approximately 3,919,528.8 square feet) farm presents a remarkable investment opportunity in Morrow County, Ohio. Located at 0 County Road 24, Marengo, OH 43334, this expansive property boasts a highly desirable location, just five miles from the convenient I-71/State Route 61 interchange, providing easy access to major transportation routes. The property's proximity to the New Albany International Business Park, an estimated 40-minute drive, further enhances its appeal for potential development or expansion. The land itself is ideal for a variety of agricultural uses, offering significant potential for growth and return on investment. While the property lines depicted in available photographs are approximate, the substantial acreage provides ample space for various projects. This is a rare chance to acquire a large parcel of land in a rapidly developing area, making it an attractive proposition for both seasoned investors and those seeking a significant landholding. The asking price for this exceptional property is $1,620,000. Serious inquiries are encouraged.

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

Location

County Road 24 Marengo, OH 43334
Marengo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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