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$400,000
Est. payment /mo
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Multi-Family Land
Listing Status Coming Soon
Purchase Type For Sale
Subdivision Weinland Park
MLS Listing ID 226016327
Year Built 1900
Annual Tax Amount $544
Lot Size 10,018 Sqft
Lot Dimensions 0.23
Property Sub-Type Multi-Family Land
Source Columbus and Central Ohio Regional MLS
Property Description
Prime Development Opportunity in the Heart of Columbus! Well-located infill development site near the University District in Weinland Park, just minutes from Ohio State, Short North, and Downtown Columbus. Positioned within a designated Opportunity Zone, the property offers potential tax advantages for qualified investors along with strong rental demand in the surrounding area. Also can quality for a 15 year tax abatement for further development incentives.
The site consists of approximately 0.23 acres (70' x 144') with alley access, providing flexibility for multifamily redevelopment. The existing structure is a candidate for demolition, allowing for a clean slate development approach.
Preliminary zoning and planning analysis indicates a clear path for a multifamily project in the 5-7 unit range through the variance process. Conceptual planning also suggests the potential for additional density with a more comprehensive design, parking strategy, and entitlement approach.
Attached survey provided to further define the buildable envelope and optimize site layout.
Located in an established residential corridor with a mix of single-family and multifamily uses, the site benefits from proximity to major employment centers, public transit, and neighborhood amenities. Continued demand in this submarket supports well-positioned small to mid-scale multifamily development.
Lot lines shown in photos are approximate and for illustrative purposes only. Seller is a licensed real estate agent in the State of Ohio.
The site consists of approximately 0.23 acres (70' x 144') with alley access, providing flexibility for multifamily redevelopment. The existing structure is a candidate for demolition, allowing for a clean slate development approach.
Preliminary zoning and planning analysis indicates a clear path for a multifamily project in the 5-7 unit range through the variance process. Conceptual planning also suggests the potential for additional density with a more comprehensive design, parking strategy, and entitlement approach.
Attached survey provided to further define the buildable envelope and optimize site layout.
Located in an established residential corridor with a mix of single-family and multifamily uses, the site benefits from proximity to major employment centers, public transit, and neighborhood amenities. Continued demand in this submarket supports well-positioned small to mid-scale multifamily development.
Lot lines shown in photos are approximate and for illustrative purposes only. Seller is a licensed real estate agent in the State of Ohio.
Location
State OH
County Franklin
Community Weinland Park
Area 0.23
Zoning Residential
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-047914
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Listed by Oliver Chapman Keller Williams Consultants
Nearby Locations
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