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.