2345 Demorest Road, Grove City, OH 43123
$2,376,000
Property Type:
Land/Farm
Lot Size (sq. ft.):
479,160
Status:
Contingent
Current Price:
$2,376,000
List Date:
10/23/2024
Last Modified:
4/16/2025
Overview
Description
Approximately 11 +/- acres (to be split out of larger 19.926-acre parcel) in Jackson Twp, Franklin Co, contiguous to Columbus. Ideal to be annexed & zoned for multifamily development, eligible for the Citywide CRA. South-Western CSD. Water & Sanitary in the immediate area. Less than a mile drive to South-Western Central Crossing HS, Pleasant View MS, Holt Crossing Intermediate School, Bolton Crossing Elementary & South-Western Career Academy. Located in southwest Columbus/Grove City submarket, just north of Big Run South Rd & south of Alkire Rd and I-270. Average Daily Traffic Count (2023): 6,812. Level topography. Demos: 1-mi: 8,969 Pop, $100K Ave HH Inc; $82.4K Med HH Inc; 3-mi: 86,794 Pop, $85.4K Ave HH Inc; $67.6K Med HH Inc; 5-mi: 180,736 Pop, $87K Ave HH Inc; $70K Med HH Inc.
Listing Details MLS# 224037828
Location Property Info
- Original List Price
- 2376000
- Property Sub Type
- Multi-Family Land
- Street #
- 2345
- Street Name
- Demorest
- Street Suffix
- Road
- County
- Franklin
- State
- OH
- Zip Code
- 43123
- School District
- SOUTH WESTERN CSD 2511 FRA CO.
- Township
- Jackson
OfficeContract Info
- MLS Entry Date
- 2024-10-23
General Property Info
- Acreage
- 11
- Minimum Acreage
- 11
- Maximum Acreage
- 11
- Lot Size (Side)
- 1340
- Useable Acres
- 11
- Traffic Count PerDay
- 6812
- Road Frontage
- 367
- Residential Dwelling/Other Structure Y/N
- No
- Built Prior to 1978
- No
- # of Dwellings
- 0
- # of Buildings
- No
Tax Info
- Parcel #
- 160-000331
- Zoning
- SR, Residential
- Multiple Parcels
- No
- Tax Year
- 2023
- Tax Abatement
- No
- Taxes (Yrly)
- 4888
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/Acre
- 216000
- City (Mailing Addr)
- Grove City
- Corp LimitPerAuditor
- None
More Information
Office/Contract Info
- For Sale
- Yes
- Price Per Acre
- 216000
- For Exchange
- No
- For Lease
- No
Remarks & Misc
- Property Description
- Approximately 11 +/- acres (to be split out of larger 19.926-acre parcel) in Jackson Twp, Franklin Co, contiguous to Columbus. Ideal to be annexed & zoned for multifamily development, eligible for the Citywide CRA. South-Western CSD. Water & Sanitary in the immediate area. Less than a mile drive to South-Western Central Crossing HS, Pleasant View MS, Holt Crossing Intermediate School, Bolton Crossing Elementary & South-Western Career Academy. Located in southwest Columbus/Grove City submarket, just north of Big Run South Rd & south of Alkire Rd and I-270. Average Daily Traffic Count (2023): 6,812. Level topography. Demos: 1-mi: 8,969 Pop, $100K Ave HH Inc; $82.4K Med HH Inc; 3-mi: 86,794 Pop, $85.4K Ave HH Inc; $67.6K Med HH Inc; 5-mi: 180,736 Pop, $87K Ave HH Inc; $70K Med HH Inc.
Income/Expenses
- Gross Income
- 0
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Storm Sewer
- Yes
- Water Available
- Yes
Alternate Uses
- Multi-Family
- Yes
New Financing
- Conventional
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Services Available:
Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Alternate Uses:
Multi-Family
New Financing:
Conventional
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Hanna Commercial, LLC
Listing Agent:
Douglas T Tenenbaum
Last Updated: April - 16 - 2025
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