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1551 5th Ave
Columbus, OH 43219
Land For Sale · 0.88 AC

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INVESTMENT HIGHLIGHTS

  • ±0.80-Acre Development Site
  • Located in an Opportunity Zone
  • High-Traffic Commercial Corridor: 12,645 Vehicles Traveling by Daily on E 5th Avenue
  • Zoned Manufacturing (M) and Residential (R3) | 8 Contiguous Parcels
  • All Utilities Available to Site
  • Located on a COTA Bus Line

EXECUTIVE SUMMARY

Located at the corner of East 5th Avenue and Bassett Avenue, this ±0.80-acre site includes eight contiguous parcels and offers a strong opportunity for redevelopment in a centrally located, high-traffic corridor of Columbus. Zoned Manufacturing (M) and Residential (R3), the property provides flexibility for a variety of end uses. The site benefits from all public utilities, is located along a COTA bus line, and offers convenient access to I-670, I-71, Downtown Columbus, and John Glenn International Airport. Situated within a federally designated Opportunity Zone, this site also offers potential tax advantages for qualified investors and developers.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Industrial Live or Work Unit
  • Open Space
  • Retail Warehouse
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 0.88 AC
Cross Streets Bassett Ave
Opportunity Zone Yes
Zoning M and R3 - Manufacturing (M) and Residential (R3)

1 LOT AVAILABLE

Lot

Price $240,734 CAD
Price Per AC $300,916.88 CAD
Lot Size 0.80 AC

This ±0.80-acre site includes eight contiguous parcels and offers a strong opportunity for redevelopment in a centrally located, high-traffic. Zoned Manufacturing (M) and Residential (R3), the property provides flexibility for a variety of uses.

DESCRIPTION

Located on East 5th Avenue at the corner of Bassett Avenue, between Joyce and Taylor Avenues. This location is central to Columbus with convenient nearby access to I-71, I-670, the airport, and Downtown Columbus all within minutes.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 010-011322
  • 010-094976
  • 010-055948
  • 010-012401
  • 010-041197
  • 010-026384
  • 010-057132
  • 010-056934
Land Assessment
$56,440 CAD
Improvements Assessment
$0 CAD
Total Assessment
$56,440 CAD
  • Listing ID: 37112593

  • Date on Market: 2025-08-04

  • Last Updated:

  • Address: 1551 5th Ave, Columbus, OH 43219

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