855 State Route 61 Marengo, OH $ 2,600,000
855 State Route 61
$ 2,600,000
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855 State Route 61

Marengo, OH, 43334
$ 2,600,000
Baths0.0

Monthly Estimate*

$ 16,221

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Studio

Lots and Land for sale in Marengo, OH

for $2,600,000. This property was built in 1988 on a lot size of 20.03.

Prime commercial investment opportunity encompassing 20.03 acres (approximately 4.70 acres in I-71 right-of-way) located half mile from the interstate in a high-traffic corridor with average daily traffic counts exceeding 13,000 vehicles along the frontage and 68,000 vehicle exposure to I-71 interstate to the rear. Zoned commercial, this property offers exceptional visibility, accessibility, and long-term development potential. All utilities are available, including CENTRALIZED SEWER, PUBLIC WATER, NATURAL GAS, ELECTRIC, and HIGH-SPEED INTERNET—minimizing upfront infrastructure costs and accelerating development timelines. Existing improvements include a 3,860 sq. ft. residence and a 58' x 44' concrete foundation outbuilding with a 38' x 16' lean-to and a 20' x 37' enclosed lean-to, providing immediate use for the new owner's needs. Currently used for agriculture purposes, the entire property is available for the buyer's use upon closing. An excellent 1031 exchange opportunity for buyers seeking to preserve capital while positioning assets in a prime interstate corridor with strong traffic exposure and future appreciation potential. Buyer's agent or a licensed representative must be with their client during all showings. (Also listed as MLS #225046009 & MLS #225046010)

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Lots and Land Active

Price

$ 2,600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 8,405

Style

Lot Size

20.03

Year Built

1988

Town/City

Marengo

County/Region

Morrow

MLS | Web ID

225046011

Features
General
Sewer Private Sewer
Utilities Water Available Sewer Available Electricity Available Other Gas
Year Built 1988
Township Bennington
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0.0
County Morrow
Net Operating Income 0.0
Operating Expense 0.0
Property Type Land
Possible Use Commercial Office Residential
Status Active
City Marengo
High School District HIGHLAND LSD 5902 MOR CO.
Zoning Description Commercial
Lot Size Square Feet 872506.8
Land Lease Y/N N
Tax Annual Amount 8405.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Lot Features Split Option Avail
Water Source Public
Lot Size Area 20.03
Spa N
Lot Size Acres 20.03
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 855
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* Excluded Features
List By
Jodie L Snider

Listing Agent

Forman Realtors, Inc

Broker

jodies@formanrealtors.com

Email

Affordability Calculator

$16,921
Per Month
96%
4%
0%
Monthly Principal & Interest
$16,221
Monthly Property Taxes
$700
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421000 Elementary School
1421278 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/20/2025$2,600,000 Listed Price

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855 State Route 61, Marengo, OH, 43334 is a Lots and Land for sale at $2,600,000 with a lot size of 20.03. 855 State Route 61 is a studio with 0.0 baths and was built in 1988. The property's zip code is 43334 which is in Marengo, OH