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5913 Shadow Lake Cir 0.36 Acres of Residential Land Offered at $2,200,000 in Columbus, OH 43235
Investment Highlights
- Bethel Area corridor
- Townhomes with patios
- Finished basements
- Ponds
- Easy access to 315 and urben shopping like Bridge Park and Sawmill Road
- Carports
Executive Summary
This Condominium package consists of 14 townhomes at the Shadow Lakes Subdivision. Located in one of Columbus's most desirable and rapidly appreciating areas. Each condo is individually parceled, ranging from 1120 sqft - 1152 sqft each, 2 bd, 1.5 bath, with a basement that is half finished and half unfinished. Each unit has an assigned carport with additional common area parking. Spacious living rooms, kitchen and bedrooms. Each unit has a fenced patio with a view of a pond and a wood burning fireplace. There is common pool and onsite property management that has maintained the association really well. Roofs replaced in 2025. All units have very similar floorplan (see attached). Great location in a high demand area. Close to 315 and all shopping on Bethel, Sawmill, Worthington, Dublin Bridge Park and OSU. Several long term tenants. Rents are well below market. Lots of upside potential for a hands-on operator. Investor can sell these units individually in the future for a premium. We will show prospective buyers a vacant unit. Curb offers only for the other units. Condo fee is $375 per month per unit which includes water/sewer/trash. Please reference all 14 parcels in your offer. Please do not disturb residents. Any offers must be flexible to accommodate for seller performing a 1031 exchange. Title company is Talon Title.
Parcel numbers: 010-203208-00, 010-204593-00, 010-204595-00, 010-204596-00, 010-204597-00, 010-204603-00, 010-204608-00, 010-204609-00, 010-204610-00, 010-204611-00, 010-204612-00, 010-204614-00, 010-204616-00, 010-204617-00.
Parcel numbers: 010-203208-00, 010-204593-00, 010-204595-00, 010-204596-00, 010-204597-00, 010-204603-00, 010-204608-00, 010-204609-00, 010-204610-00, 010-204611-00, 010-204612-00, 010-204614-00, 010-204616-00, 010-204617-00.
Property Facts
| Price | $2,200,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units - Condo |
| No. Lots | 1 | Total Lot Size | 0.36 AC |
| Property Type | Land | ||
| Zoning | Residential - Condominiums. | ||
| Price | $2,200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.36 AC |
| Zoning | Residential - Condominiums. |
1 Lot Available
Lot
| Price | $2,200,000 | Lot Size | 0.36 AC |
| Price Per AC | $6,115,629.88 |
| Price | $2,200,000 |
| Price Per AC | $6,115,629.88 |
| Lot Size | 0.36 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
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5913 Shadow Lake Cir
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