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2345 Demorest Rd
Grove City, OH 43123
Land For Sale
·
11.00 AC
INVESTMENT HIGHLIGHTS
- Approximately 11 acres contiguous to City of Columbus
- Level site with water and sanitary in immediate area
- Located in southwest Columbus/Grove City submarket, just north of Big Run South Rd and south of Alkire Rd and I-270
- Ideal Multifamily Development Site eligible for Citywide CRA in City of Columbus
- Less than a mile to South-Western CSD HS, MS, Intermediate School and Elementary School
EXECUTIVE SUMMARY
Strong Demos:
1-mile: 8,969 population, $100K Ave HH Income; $82.4K Med HH Income
3-mile: 86,79 4population, $85.4K Ave HH Income; $67.6K Med HH Income
5-mile: 180,736 population, $87K Ave HH Income; $70K Med HH Income.
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Price | $2,376,000 | Lot Size | 11.00 AC |
| Price Per AC | $216,000.00 |
| Price | $2,376,000 |
| Price Per AC | $216,000.00 |
| Lot Size | 11.00 AC |
Approximately 11 +/- acres (to be split out of larger 19.926-acre parcel) in Jackson Twp, Franklin Co, contiguous to City of Columbus
DESCRIPTION
Approximately 11 +/- acres (to be split out of larger 19.926-acre parcel) in Jackson Twp, Franklin Co, 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 the immediate area. Less than a mile drive to South-Western Central Crossing High School, Pleasant View Middle School, Holt Crossing Intermediate School, Bolton Crossing Elementary and South-Western Career Academy. Located in southwest Columbus/Grove City submarket, just north of Big Run South Rd and south of Alkire Rd and I-270. Average Daily Traffic Count (2023): 6,812. Level topography. 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.
