2345 Demorest Rd Multifamily Land
Sale Price: $2,376,000
Highlights
- Approximately 11 +/- acres (to be split out of larger 19.926-acre parcel)
- Contiguous to City of Columbus, an ideal site to be annexed and zoned for multifamily development and eligible for the Citywide CRA
- South-Western CSD. Water and Sanitary in close proximity/immediate area. Level Site. Average Daily Traffic Count (2023): 6,812
- Located in southwest Columbus/Grove City submarket, just north of Big Run South Rd and south of Alkire Rd and I-270
- Less than a mile to South-Western CSD HS, MS, Intermediate School and Elementary School
- Strong Demos: 1-mile: 8,969 population, $100K Ave HH Income; $82.4K Med HH Income; 3-mile: 86,794population, $85.4K Ave HH Income; $67.6K Med HH Income; 5-mile: 180,736 population, $87K Ave HH Income; $70K Med HH Income;
- Proposed Zoning: AR-1, up to 36.3 du/ac or ARLD, up to 17.4 du/ac (City of Columbus Zoning)