List Search

1280 Indianola Ave
Columbus, OH 43201 Weinland Park

$400,000 USD

Land For Sale  •  0.23 AC

Property Details

  • Property Type Land
  • Lot Size 0.23 AC
  • Zoning R-4
50 Transit Score
90 Walk Score

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.

Highlights

Close proximity to Ohio State
Close proximity to Short North
Close proximity to Columbus urban core

Public Transportation

AirportDriveWalkDistance
John Glenn Columbus International 12 min - 7.4 mi
Rickenbacker International 26 min - 16.5 mi
Oliver Chapman 614-738-0325 Keller Williams Consultants Realty
Oliver Chapman 614-738-0325 Keller Williams Consultants Realty