0 Leona Avenue, Columbus, OH 43201

$3,750,000
Property Type: Land/Farm Lot Size (sq. ft.): 543,629 Status: Contingent
Current Price: $3,750,000 List Date: 7/21/2025 Last Modified: 8/02/2025

Description

Prime Development Opportunity - 12.48 Acres Approved for Apartment Residential Use | 0 Leona Ave, Columbus, OH Situated in the heart of Columbus within the revitalizing Milo-Grogan community, this 12.48-acre parcel presents a prime development opportunity. The site is already zoned for Apartment Residential - Low Density District, offering a ready-to-go development with approved plans for a thoughtfully designed multifamily community. Approved Site Plan Includes: 217 Total Units: 121 One-Bedroom Units 48 Three-Bedroom Units 48 Four-Bedroom Units Leasing Office & Mail Center Dog Park & Fitness Area Toddlers' Playground & Older Children's Play Area Bordered by single-family residential homes to the west and south, and industrial uses to the north and east, the proposed residential development is consistent with the surrounding neighborhood's character and aligns with future commercial revitalization efforts in Milo-Grogan. Strategic Location Highlights: Convenient access to I-71 and major commuter routes Close proximity to The Ohio State University Nearby access to public transportation With zoning and unit mix approvals in place, this site is ideal for developers looking to deliver a new residential community in an area primed for growth and investment.

Supplements: ********

More Information MLS# 225026934

Location & Property Info

List Price/Acre: 300480.77 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes For Exchange: No For Lease: No

General Property Info

Minimum Acreage: 12.4 Maximum Acreage: 12.48 Built Prior to 1978: No Useable Acres: 12.48 Residential Dwelling/Other Structure Y/N: No Acreage: 12.48

Tax Info

Zoning: Apartment Tax Abatement: No Taxes (Yrly): 16097 Parcel #: 010-258776 Tax Year: 2024

Remarks & Misc

Property Description: Prime Development Opportunity - 12.48 Acres Approved for Apartment Residential Use | 0 Leona Ave, Columbus, OH Situated in the heart of Columbus within the revitalizing Milo-Grogan community, this 12.48-acre parcel presents a prime development opportunity. The site is already zoned for Apartment Residential - Low Density District, offering a ready-to-go development with approved plans for a thoughtfully designed multifamily community. Approved Site Plan Includes: 217 Total Units: 121 One-Bedroom Units 48 Three-Bedroom Units 48 Four-Bedroom Units Leasing Office & Mail Center Dog Park & Fitness Area Toddlers' Playground & Older Children's Play Area Bordered by single-family residential homes to the west and south, and industrial uses to the north and east, the proposed residential development is consistent with the surrounding neighborhood's character and aligns with future commercial revitalization efforts in Milo-Grogan. Strategic Location Highlights: Convenient access to I-71 and major commuter routes Close proximity to The Ohio State University Nearby access to public transportation With zoning and unit mix approvals in place, this site is ideal for developers looking to deliver a new residential community in an area primed for growth and investment.

Income/Expenses

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

Addl Acceptance Cond

None Known: 1

Alternate Uses

Multi-Family: 1 Residential: 1

Auction Info

Auction/Online Bidding Y/N: No

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 3750000 List Price: $3,750,000 Property Sub Type: Development Street Name: Leona Street Suffix: Avenue County: Franklin State: OH Zip Code: 43201 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Contingent MLS Entry Date: 2025-07-09

Property Features

Addl Acceptance Cond: None Known Alternate Uses: Multi-Family; Residential MLS Primary PhotoSrc: Realtor Provided
Listing Office: Real Estate Opportunity
Listing Agent: Theodore J Nemeth
Last Updated: August - 02 - 2025
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