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Property profile & analytics
OFF-MARKET
Warehouses

15760 Watkins Rd Marysville, OH 43040

Built 1978
Property ID
US66-2621278
Property summary
AI-generated overview

This exceptional 75-acre property in Marysville, Ohio, presents a unique investment opportunity. Located at 15760 Watkins Road, this expansive land parcel boasts 3,267,000 square feet and offers significant development potential. The property features two road entrances on Watkins Road, providing convenient access. City utilities are readily available, simplifying infrastructure development. A notable feature is an 8-acre lake with 2500 feet of buildable lakefront, adding significant aesthetic and recreational value. Currently, the land includes two existing homes and a newer pole building. The property's strategic location is a key advantage, bordering multi-family residential, a Lowe's, a car dealership, office buildings, and a light manufacturing tech park. Proximity to two freeway entrances ensures excellent connectivity. The property is comprised of six parcels, offering flexibility for various development scenarios. Built in 1978, this 1744-foot road frontage property offers many possible uses, making it an attractive investment for developers seeking a large-scale project in a thriving Ohio community. The asking price is $9,300,000.

Property profile
Verified
Property type Warehouses
Year built 1978
UPID US66-2621278
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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