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Property profile

3301 Township Road 221 Marengo, OH 43334

OFF-MARKET
Land
Property ID
US66-1603450
Built 1992
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Property summary

AI-generated overview

This exceptional 1.836-acre (±) property, located at 3301 Township Road 221 in Marengo, Ohio, presents a unique opportunity for development. Situated in Morrow County within the Highland School District, this mostly wooded lot offers convenient access to major transportation arteries, including Interstate 71 and State Route 61. The property boasts a substantial 80,150.4 square feet of land, providing ample space for various building projects. Existing infrastructure includes a septic system and an established driveway, simplifying the development process. Utility connections are readily available, further enhancing the property's appeal. The property is being sold "as is, where is," reflecting its potential for customization and development to suit individual needs and preferences. The 1992 construction date refers to an existing structure on the property, however, the listing is for the land only. This prime location and existing infrastructure make this an attractive investment opportunity for those seeking a buildable lot in a desirable area. The zip code is 43334.

Property profile

Verified
Property type Land
Year built 1992
UPID US66-1603450

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Photography Service (Bike/Boat/Book/etc) Store

Location

3301 Township Road 221 Marengo, OH 43334
Marengo metro
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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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