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2700 McKinley Ave - Mckinley Avenue Opportunity Zone 3.11 Acres of Commercial Land Offered at $3,076,268 CAD in Columbus, OH 43204
Investment Highlights
- Prime Development Land: 3.11 acres at 2700 McKinley Avenue, ideal for residential or mixed-use projects.
- Scenic Waterfront: Picturesque location on Hidden Lake with serene water views
- Convenient Access: Close to highways, downtown Columbus, shopping centers, schools, and healthcare facilities.
- Opportunity Zone: Substantial tax incentives and economic benefits for investors
- Central Ohio Growth: Located in a thriving economic hub with a robust job market.
Executive Summary
This is a unique opportunity to acquire 3.11 acres of prime development land located at 2700 McKinley Avenue in Columbus, Ohio. Nestled on the tranquil Hidden Lake, this property offers a picturesque setting ideal for residential or mixed-use development. The land lies within a designated Opportunity Zone, providing significant tax incentives and economic benefits for investors.
Location Highlights:
Central Ohio Economic Growth: Columbus is renowned for its dynamic economy and consistent business growth. Key sectors include technology, finance, healthcare, and education, contributing to a robust job market and high quality of life.
Opportunity Zone Advantage: Investing in this property comes with substantial tax benefits under the Opportunity Zone program. This initiative aims to stimulate economic development in distressed areas, offering favorable tax treatment for investors.
Property Features:
Acreage: The property spans 3.11 acres, providing ample space for various development possibilities.
Waterfront Views: Located on Hidden Lake, the property boasts serene water views and potential for recreational amenities.
Development Potential: Perfect for residential or mixed-use projects, this land meets the growing housing demands of Central Ohio.
Market Demand:
High Demand for Housing: Columbus is experiencing rapid population growth, driven by its economic vitality and vibrant cultural scene. This influx has created a strong need for new housing developments, making this property a prime candidate for addressing this demand.
Accessibility:
Strategic Location: The property is conveniently located with easy access to major highways, downtown Columbus, and essential amenities.
Nearby Amenities: Close to shopping centers, schools, healthcare facilities, and recreational areas, this location enhances the desirability for future residents and businesses.
Investment Potential:
Significant Tax Incentives: As part of an Opportunity Zone, this property offers investors the chance to benefit from substantial tax incentives, enhancing the overall return on investment.
Central Ohio Growth: By investing in this property, you can capitalize on the ongoing economic growth and development in Columbus, a city that consistently ranks among the top U.S. cities for business and lifestyle.
Summary:
This 3.11-acre property at 2700 McKinley Avenue presents a rare and valuable opportunity for developers and investors. With its prime location on Hidden Lake, within an Opportunity Zone, and amidst a thriving economic environment, this land is perfect for residential or mixed-use development. The $2.25 million price point reflects the potential for significant returns and strategic growth.
For more information or to schedule a viewing, please contact:
Contact Information:
Darrick Klamut CCIM
614-769-4085
Darrick.Klamut@rollsrealty.com
Rolls Realty
Invest in the future of Central Ohio and take advantage of this exceptional development opportunity today.
Property Facts
1 Lot Available
Lot
| Price | $3,076,268 CAD | Lot Size | 3.11 AC |
| Price Per AC | $989,153.58 CAD |
| Price | $3,076,268 CAD |
| Price Per AC | $989,153.58 CAD |
| Lot Size | 3.11 AC |
Prime 3.11-acre Opportunity Zone property at 2700 McKinley Avenue, Columbus, OH, on Hidden Lake. Ideal for residential/mixed-use development. Benefit from Central Ohio's economic growth and high housing demand. Tax incentives and prime location await
Description
Discover a prime development opportunity on 3.11 acres of premium land at 2700 McKinley Avenue in Columbus, Ohio. Nestled on the scenic Hidden Lake, this property offers an exceptional setting for residential or mixed-use development within a designated Opportunity Zone, presenting significant tax incentives and economic benefits for investors. Location Highlights: Central Ohio Economic Prowess: Columbus, Ohio, is a rapidly growing hub of economic activity, consistently ranking among the top cities in the United States for business growth and development. With a diverse economy driven by technology, finance, healthcare, and education, the region boasts a robust job market and a high quality of life. Opportunity Zone Advantage: This property lies within a designated Opportunity Zone, offering substantial tax incentives for investors looking to capitalize on long-term growth and development potential. The Opportunity Zone program encourages investment in economically distressed areas, providing tax benefits that can significantly enhance returns on investment. Property Features: Acreage: 3.11 acres of prime development land Waterfront Views: Picturesque location on Hidden Lake, offering serene water views and recreational opportunities Development Potential: Ideal for residential or mixed-use development, catering to the growing demand for housing in Central Ohio Market Demand: Rising Need for Housing: Columbus is experiencing a surge in population growth, driven by its dynamic economy and vibrant cultural scene. This growth has created a pressing need for new housing developments to accommodate the influx of residents. The 2700 McKinley Avenue property presents a unique opportunity to meet this demand and contribute to the region's development. Accessibility: Convenient Location: Strategically located with easy access to major highways, downtown Columbus, and key amenities, ensuring convenience for future residents and businesses. Proximity to Amenities: Close to shopping centers, schools, healthcare facilities, and recreational areas, enhancing the desirability of the property. Summary: Invest in the future of Central Ohio with this exceptional development opportunity. Whether you're looking to create a residential community or a mixed-use project, 2700 McKinley Avenue offers the perfect canvas to realize your vision while benefiting from the economic advantages of an Opportunity Zone. Don't miss the chance to be a part of Columbus's thriving growth story.
Property Taxes
| Parcel Number | 010-153735 | Improvements Assessment | $0 CAD |
| Land Assessment | $232,908 CAD | Total Assessment | $232,908 CAD |
Property Taxes
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2700 McKinley Ave - Mckinley Avenue Opportunity Zone
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