855 State Route 61 Marengo, OH 43334
Estimated payment $14,363/month
About This Lot
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)
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,405
Year Built
- Built in 1988
Lot Details
- 20.03 Acre Lot
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Home Design
- 3,860 Sq Ft Home
- Mixed Use
- Frame Construction
Outdoor Features
- Outbuilding
Utilities
- Gas Available
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number A01-0010035100
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,405 | $238,740 | $63,350 | $175,390 |
| 2023 | $8,405 | $238,740 | $63,350 | $175,390 |
| 2022 | $7,599 | $187,670 | $36,750 | $150,920 |
| 2021 | $7,310 | $187,670 | $36,750 | $150,920 |
| 2020 | $7,237 | $187,670 | $36,750 | $150,920 |
| 2019 | $6,425 | $159,040 | $31,150 | $127,890 |
| 2018 | $6,437 | $159,040 | $31,150 | $127,890 |
| 2017 | $6,213 | $159,040 | $31,150 | $127,890 |
| 2016 | $5,768 | $135,630 | $28,950 | $106,680 |
| 2015 | $5,385 | $135,630 | $28,950 | $106,680 |
| 2014 | $5,204 | $135,630 | $28,950 | $106,680 |
| 2013 | $5,507 | $142,770 | $30,490 | $112,280 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/20/2025 12/20/25 | For Sale | $2,600,000 | +253.7% | $674 / Sq Ft | |
| 03/27/2025 03/27/25 | Off Market | $735,000 | -- | -- | |
| 07/10/2017 07/10/17 | Sold | $735,000 | -18.2% | $190 / Sq Ft | View Prior Sale |
| 06/10/2017 06/10/17 | Pending | -- | -- | -- | |
| 11/28/2016 11/28/16 | For Sale | $899,000 | -- | $233 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $735,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $520,000 | -- | |
| Deed | -- | -- |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225046011
APN: A01-001-00-351-00
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