Land for Sale - 13360 U.S. 62, Mount Sterling, OH 43143 - 198.0 acres

198+ Tillable acreage currently under 2-year farm lease

13360 U.S. 62, Mount Sterling, OH | Lat/Lng:  39.7466, -83.2317

No Price
198 ac.
02/26/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

This highly productive 198+ acre agricultural property presents a rare opportunity to acquire a substantial income-producing land asset with both immediate cash flow and long-term appreciation potential. With established lease agreements in place and additional income opportunities available, the property is well-positioned for investors, operators, or those seeking to diversify into agricultural real estate. Estimated $130,000 annual income Tillable acreage currently under 2-year farm lease generating approximately $60,000 annually House and buildings offer additional income potential of $60,000-$70,000 annually through separate lease opportunity Parcel ID: B0600010009903 Zoning: A (Agricultural) Acreage & Farm Lease The property includes 198+ acres of quality tillable farmland, currently under a 2-year agricultural lease generating approximately $60,000 annually. This lease structure provides: Immediate and stable income Reduced operational involvement for ownership Flexibility at lease expiration for renegotiation or operational changes Potential upside as commodity markets and rental rates fluctuate The size and continuity of the tillable acreage make the property attractive to area operators and support long-term leasing stability. Improvements & Additional Revenue Potential In addition to the farmland, the property includes a residential dwelling and multiple agricultural buildings. These improvements create a strong secondary income opportunity, with projected lease income of $60,000$70,000 annually through a separate rental or operational agreement. Potential uses include: Residential tenant housing Farm manager or employee housing Equipment storage Workshop or agricultural support space Specialty or supplemental agricultural operations This dual-income structure allows for diversified revenue streams and enhanced overall return on investment. Financial Summary Estimated Total Annual Income: Approximately $130,000 Diversified income from both land lease and improvement lease Income-producing asset with appreciation potential in agricultural land values Property Details Parcel ID: B0600010009903 Zoning: A (Agricultural) The Agricultural zoning designation supports a broad range of farming, agricultural production, and related uses, reinforcing the property's long-term viability as a working farm or investment-grade agricultural holding.

Details

CountyPickaway
Zipcode43143
Property Type OneFarms
Property Type TwoUndeveloped Land
BrokerageJLL
Brokerage Linkwww.jll.com/en-us/people/bio-broker/kourt.williams
Kourt II
JLL
(614) 698-3000
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