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2480 Alum Creek Dr
Columbus, OH 43207
2480 Alum Creek Dr · Land For Sale
·
45.78 AC


Investment Highlights
- Opportunity Zone
- Alum Creek Dr Frontage
- St Rt 104 Frontage
Executive Summary
2480 Alum Creek Drive presents a rare large-scale infill redevelopment opportunity comprising approximately 47 acres in Columbus, Ohio. The property offers exceptional scale, access, and visibility for future development. Strategically located with connectivity to I-270, downtown Columbus, and the Rickenbacker logistics corridor, the site is positioned within one of Central Ohio’s strongest growth corridors.
Available sewer capacity can support residential development potential, creating a compelling opportunity for developers exploring residential, mixed-use, or alternative redevelopment concepts, including industrial uses, subject to zoning and approvals. Historically operated as a clean hard fill site, the property offers significant value-add and repositioning upside, supported by completed environmental due diligence, including Phase I and Phase II assessments. The site may also present opportunities for purchasers to explore redevelopment incentives and public-private tools, including potential Brownfield remediation grants, Community Reinvestment Area (CRA) tax incentives, Low-Income Housing Tax Credits (LIHTC), Opportunity Zone (OZ) benefits, and other local, state, or federal programs, subject to buyer underwriting and agency approvals. With substantial scale, infrastructure considerations, and potential incentive layering, this is a unique opportunity to acquire and reposition a sizeable infill tract in a supply-constrained market.
Available sewer capacity can support residential development potential, creating a compelling opportunity for developers exploring residential, mixed-use, or alternative redevelopment concepts, including industrial uses, subject to zoning and approvals. Historically operated as a clean hard fill site, the property offers significant value-add and repositioning upside, supported by completed environmental due diligence, including Phase I and Phase II assessments. The site may also present opportunities for purchasers to explore redevelopment incentives and public-private tools, including potential Brownfield remediation grants, Community Reinvestment Area (CRA) tax incentives, Low-Income Housing Tax Credits (LIHTC), Opportunity Zone (OZ) benefits, and other local, state, or federal programs, subject to buyer underwriting and agency approvals. With substantial scale, infrastructure considerations, and potential incentive layering, this is a unique opportunity to acquire and reposition a sizeable infill tract in a supply-constrained market.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Total Lot Size | 45.78 AC | |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 45.78 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $29,484,793 CAD | Lot Size | 45.78 AC |
| Price Per AC | $644,054.02 CAD |
| Price | $29,484,793 CAD |
| Price Per AC | $644,054.02 CAD |
| Lot Size | 45.78 AC |
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