0 Demorest Road, Grove City, OH 43123

$1,026,000
Property Type: Land/Farm Lot Size (sq. ft.): 553,212 Status: Closed
Current Price: $1,026,000 List Date: 10/03/2017 Last Modified: 1/07/2025

Description

12.702 acres zoned multi-family, L-AR-12, and approved for 152 units, 12 units/acre in City of Columbus, South-Western City Schools. All utilities at site. The Property is located in southwest Columbus and located at the northeast corner of Demorest Road and Demorest Cove Court; I-270 forms the northern boundary of this site; the Property is south of Alkire Road and north of Big Run South Road. The Property provides easy access to I-270/Georgesville Rd interchange as well as to I-270/Broadway (Route 62) interchange.

Supplements: ********

More Information MLS# 215000175

Location & Property Info

List Price/Acre: 83779.53 City (Mailing Addr): Grove City Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes Price Per Acre: 83766 For Exchange: No For Lease: No

General Property Info

Minimum Acreage: 12.7 Maximum Acreage: 12.7 Built Prior to 1978: No Traffic Count PerDay: 71500 Residential Dwelling/Other Structure Y/N: No Acreage: 12.7

Tax Info

Zoning: L-AR-12 Multiple Parcels: No Tax Abatement: No Taxes (Yrly): 2316 Parcel #: 570-139944 Tax Year: 2013

Remarks & Misc

Property Description: 12.702 acres zoned multi-family, L-AR-12, and approved for 152 units, 12 units/acre in City of Columbus, South-Western City Schools. All utilities at site. The Property is located in southwest Columbus and located at the northeast corner of Demorest Road and Demorest Cove Court; I-270 forms the northern boundary of this site; the Property is south of Alkire Road and north of Big Run South Road. The Property provides easy access to I-270/Georgesville Rd interchange as well as to I-270/Broadway (Route 62) interchange.

Status Change Info

Sold Price/Acre: 80787.4 Under Contract Date: 2019-07-08 Sold Date: 2019-07-11 Sold Price: $1,026,000

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Storm Sewer: 1 Water Available: 1

Miscellaneous

Survey: 1

Alternate Uses

Multi-Family: 1

Auction Info

Auction/Online Bidding Y/N: No

New Financing

Conventional: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Location Property Info

Original List Price: 851034 Sold Price: $1,026,000 Property Sub Type: Multi-Family Land Street Name: Demorest Street Suffix: Road County: Franklin State: OH Zip Code: 43123 School District: SOUTH WESTERN CSD 2511 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2015-01-05

Property Features

Addl Acceptance Cond: None Known Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Survey Alternate Uses: Multi-Family New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Howard Hanna Real Estate Svcs
Listing Agent: Douglas T Tenenbaum
Last Updated: January - 07 - 2025
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