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    Township Road 187 Marengo, OH 43334

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Township Road 187

    Property type
    Land

    Description

    This exceptional 3-acre parcel of land, located at 0 Township Road 187, Marengo, Ohio 43334, presents a unique opportunity for building your dream home. The property boasts a substantial 130,680 square feet of land, offering ample space for a spacious residence and landscaping. A significant advantage is the presence of an existing 4160 square foot barn, which could be repurposed or renovated to suit various needs, potentially offering additional living space, workshop area, or storage. The property is situated within the desirable Highland School District, providing access to quality education. Furthermore, the land has recently undergone parceling and has received septic approval, streamlining the building process and eliminating a significant hurdle for prospective homeowners. This property is conveniently located in Morrow County, Ohio, offering a blend of rural tranquility and accessibility. The asking price for this remarkable opportunity is $149,999. Don't miss the chance to own this exceptional piece of land and create your ideal home. Contact us today to schedule a viewing.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marengo
    County
    Morrow
    State
    Ohio
    Longitude
    -82.7623
    Latitude
    40.4321

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    Township Road 187
    Marengo, OH 43334
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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