855 State Route 61, Marengo, OH 43334

$1,800,000

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Sold Price
$1,800,000
List Price
$2,000,000
Closing Date
Apr 10, 2026
Year Built
1988
MLS#
225046009
Status
CLOSED
Acres
20.03
Township
Bennington

Property Description

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 #225046010 & MLS #225046011)

Additional Information

Tax Year
2024
Yearly Taxes
8405

Listing Courtesy of : Jodie L Snider ---- Forman Realtors, Inc

Selling Office: Forman Realtors, Inc.

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