116 Neff st - Industrial FOR SALE


Morral, OH 43337
$910,000 USD
614-437-4515
116 Neff st, Morral, OH for Sale
$910,000 USD
Industrial - FOR SALE
1/4
null | Request Cap Rate

116 Neff st
Morral, OH 43337


HIGHLIGHTS

  • Turnkey grain elevator in Ohio’s Corn Belt
  • Marion County — prime corn & soybean production region
  • ±45 miles north of Columbus via US Rt. 231
  • Adjacent to CSX active freight rail line
  • Unzoned area — flexible reuse potential
  • Proximate to major grain co-ops and ag processors; Little Sandusky River watershed — productive ag soils

OVERVIEW

116 W Neff St presents an opportunity to acquire an established grain elevator facility in Morral, Ohio, located within Marion County, a region recognized for corn and soybean production. Operating since 1963, the property includes grain handling infrastructure with an estimated storage capacity of approximately 485,000 bushels, supported by multiple silos and a cyclone dust suppression system. The site's configuration and existing agricultural improvements position it for continued grain storage and handling operations or potential adaptive reuse opportunities. The property benefits from direct adjacency to an active CSX freight rail corridor, providing rail-served logistics capabilities that support agricultural distribution and commodity movement. Morral's location approximately 45 miles north of Columbus offers connectivity to one of Ohio's largest population and economic centers while maintaining access to the surrounding agricultural market. The property's placement within a productive farming region and near established grain cooperatives and agricultural processors supports its role within the local grain supply chain. Situated on approximately 3.93 acres across eight parcels, the asset offers a combination of operational infrastructure, rail access, and land area that may appeal to agricultural operators, investors, and users seeking storage, processing, or logistics functionality. The property's location in an unzoned area may provide additional flexibility for future ownership subject to applicable regulations and approvals.

FOR SALE DETAILS

PRICE

$910,000 USD

PRICE/SF

$599 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.93

LAND SF

171,191

ZONING

-

APN/PARCEL ID

33-003000.1500,33-003000.1800,33-003000.2400,33-003000.2500,33-003000.4500,33-005000.7001,33-005000.7100,33-005000.730

ASK ABOUT THIS PROPERTY

Kyle GhiloniColliersMore Info
614-437-4515

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Kyle GhiloniColliersMore Info
614-437-4515

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.