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Investment Highlights

  • Approximately ±6.5 acres with LM zoning allowing office, retail, manufacturing, and storage uses.
  • Strong visibility and accessibility in a well-trafficked commercial corridor.
  • Located within a Qualified Census Tract, offering potential tax incentives for eligible projects.
  • Positioned near established businesses and residential communities for built-in market support.

Executive Summary

This ±6.5-acre parcel on S Parsons Avenue presents a versatile development opportunity in a growing corridor of Columbus, Ohio. Currently zoned LM, the site supports a wide range of uses including office, retail, manufacturing, and storage, offering flexibility for investors and developers. Its location within a Qualified Census Tract may provide significant tax advantages for eligible projects, enhancing the financial appeal of this property.

Property Facts

Price $1,721,875 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 6.30 AC
Opportunity Zone Yes
Zoning LM - Light Manufacturing

1 Lot Available

Lot

Price $1,721,875 CAD
Price Per AC $273,313.50 CAD
Lot Size 6.30 AC

Description

The site’s frontage along S Parsons Avenue ensures strong visibility and accessibility, with an average traffic count of 10,372 vehicles per day. This high-traffic location positions the property for commercial success and long-term growth. Additionally, the parcel offers potential for multifamily rezoning, creating an attractive option for residential developers seeking to capitalize on demand in the area. Surrounded by established businesses and residential neighborhoods, this property combines strategic positioning with development flexibility, making it an ideal choice for investors looking to create value in a dynamic market.

Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
010-112331
Land Assessment
$24,533 CAD
Improvements Assessment
$0 CAD
Total Assessment
$24,533 CAD
  • Listing ID: 39145822

  • Date on Market: 2025-11-07

  • Last Updated:

  • Address: 0 Parsons, Columbus, OH 43207

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