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1280 Indianola Ave
Columbus, OH 43201
Prime MF Development Site Near Ohio State · Land For Sale
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0.23 AC
Investment Highlights
- Close proximity to Ohio State
- Close proximity to Columbus urban core
- Close proximity to Short North
Property Facts
1 Lot Available
Lot
| Price | $554,052 CAD | Lot Size | 0.23 AC |
| Price Per AC | $2,408,921.82 CAD |
| Price | $554,052 CAD |
| Price Per AC | $2,408,921.82 CAD |
| Lot Size | 0.23 AC |
Prime OZ 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.
Description
one, 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.
