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$ 1,300,000
Est. payment | /mo
10.19 Acres Lot
$ 1,300,000
Est. payment | /mo
10.19 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Multi-Family Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225017528
Year Built 1948
Annual Tax Amount $6,274
Lot Size 10.190 Acres
Lot Dimensions 10.19
Property Sub-Type Multi-Family Land
Source Columbus and Central Ohio Regional MLS
Property Description
This rare, large-scale infill redevelopment opportunity is located in the heart of Columbus, Ohio at 1712 Courtright Road, offering ±10.2 acres across two contiguous parcels, including a ±51,709 square foot former institutional facility. With flexible commercial zoning and expansive land area, the site is primed for a broad range of high-impact uses. As Columbus continues to face a critical housing shortage—requiring an estimated 14,000 new residential units annually—this property presents a timely and strategic solution for residential developers, mixed-income builders, and urban infill investors. The site supports development concepts such as workforce housing, affordable senior housing, and market-rate multifamily projects that align with current city priorities. The existing structure is expected to be razed, providing a clean, shovel-ready slate for vertical construction. This property stands out as one of the few remaining large-scale, developable urban tracts in Southeast Columbus with direct access to major thoroughfares, including I-70 and I-270, and proximity to Downtown Columbus. Additional highlights include location within the Columbus City School District, access to public transit via key COTA bus lines, and a reduced 2024 tax assessment, lowering predevelopment carrying costs. The development potential is wide-ranging—ideal for multifamily housing, senior living campuses, mixed-use commercial/residential projects, educational institutions, or healthcare and community facilities. The site is eligible for rezoning or conditional use, and it aligns with public-private partnership goals and the City of Columbus' strategic housing and urban development initiatives. This is a rare chance to acquire a large, strategically located urban tract with tremendous potential for impactful redevelopment.
Location
State OH
County Franklin
Area 10.19
Zoning C-Commercial
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
Others
Tax ID 010-118544
Acceptable Financing USDA Loan, Conventional
Listing Terms USDA Loan, Conventional
Listed by Stephan R Douglas Douglas & Key Commercial Real Estate Solutions