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

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.

Supplements: ********

More Information MLS# 224037828

Location Property Info

Original List Price: 2376000 List Price: $2,376,000 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

Status: Contingent 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

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

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 Tenenbaum
Last Updated: April - 16 - 2025
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