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

Overview

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.

Listing Details MLS# 225026934

Location Property Info

Original List Price
3750000
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

MLS Entry Date
2025-07-09

General Property Info

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

Tax Info

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

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

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

More Information

Office/Contract Info

For Sale
Yes
For Exchange
No
For Lease
No

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
Yes

Alternate Uses

Multi-Family
Yes
Residential
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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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