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2301 Cleveland Ave - Prime development opportunity on Cleveland Av 0.13 Acres of Commercial Land Offered at $245,000 in Columbus, OH 43211
INVESTMENT HIGHLIGHTS
- Location!
EXECUTIVE SUMMARY
Multiple contiguous parcels on the same block are separately owned but available, allowing an investor/developer to assemble approximately 1 acre total. Contact listing agent for parcel list, pricing, and seller information for the additional lots. Property is located in a strong redevelopment corridor within a designated CRA district offering up to 15 years of 100% tax abatement for qualifying projects. Area may also support Enterprise Zone incentives, TIF opportunities, development grants/loans, and PACE energy-efficiency financing. Buyer responsible for verifying eligibility and requirements with the City of Columbus and applicable agencies. No utilities currently on site. Buyer to perform all due diligence regarding zoning, usage, assemblage feasibility, and incentive programs. Submit all offers
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$10,102,435
|
$77,711,038.46
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,102,435
|
$77,711,038.46
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $10,102,435 |
| Annual Per AC | $77,711,038.46 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $10,102,435 |
| Annual Per AC | $77,711,038.46 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $245,000 | Lot Size | 0.13 AC |
| Price Per AC | $1,884,615.38 |
| Price | $245,000 |
| Price Per AC | $1,884,615.38 |
| Lot Size | 0.13 AC |
Prime development opportunity: 0.13 acres on Cleveland Ave in an active redevelopment zone. CRA offers up to 15 yrs of 100% tax abatement plus EZ, TIF, grants/loans, PACE. Contiguous parcels available—1 acre total for $850,000.
DESCRIPTION
Prime development opportunity: .13 acres on Cleveland Ave in an active redevelopment zone. CRA offers up to 15 yrs of 100% tax abatement plus EZ, TIF, grants/loans, PACE. Contiguous parcels available—1 acre total for $850,000.
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Presented by
Reaf Company Llc
2301 Cleveland Ave - Prime development opportunity on Cleveland Av
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