359 E Markison Avenue, Columbus, OH 43207
$850,000
Property Type:
Land/Farm
Lot Size (sq. ft.):
26,136
Status:
Closed
Current Price:
$850,000
List Date:
7/14/2022
Last Modified:
2/24/2025
Overview
Description
Townhome Development Opportunity in Merion Village. Site was rezoned to Multifamily AR-1 Zoning - Approved for 17 Townhome Units. Located within the Southside CRA District - Eligible for 100%, 15-year Property Tax Abatements on all improvements. Seller has Geotech Subsurface Report, Phase I ESA, ALTA Survey, Storm, Grading & Ponding Plan, 100% Design Development Pricing Set, Demolition Estimate and Schematic Design Construction Budget Summary. Plans provide for 3 finished levels and garages ranging from 1428 SF to 1,800 SF.
Listing Details MLS# 222026165
Location Property Info
- Original List Price
- 1100000
- Property Sub Type
- Multi-Family Land
- Street #
- 359
- Street PreDirection
- E
- Street Name
- Markison
- Street Suffix
- Avenue
- County
- Franklin
- State
- OH
- Zip Code
- 43207
- Subdiv/Cmplx/Comm
- Merion Village
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2022-07-14
General Property Info
- Acreage
- 0.6
- Minimum Acreage
- 0.6
- Maximum Acreage
- 0.6
- Residential Dwelling/Other Structure Y/N
- No
- # of Buildings
- Yes
- Building Sq Ft
- 16029
- Year Built
- 1910
- Built Prior to 1978
- Yes
Tax Info
- Parcel #
- 010-297819
- Zoning
- AR-1, Apartment
- Multiple Parcels
- Yes
- Addl Parcel Numbers
- 010-029091; 010-061553;010-051321
- Tax Year
- 2021
- Tax Abatement
- No
- Taxes (Yrly)
- 4936
- Tax Incentive
- Yes
Status Change Info
- Under Contract Date
- 2022-10-10
- Sold Date
- 2022-10-12
- Sold Price/Acre
- 1416666.67
Auction Info
- Auction/Online Bidding Y/N
- No
More Information
Sale Info
- Seller Assisted Fin
- N
- Seller/Buyer Concessions
- N
Location & Property Info
- List Price/Acre
- 1833333.33
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- For Exchange
- No
- For Lease
- No
Remarks & Misc
- Property Description
- Townhome Development Opportunity in Merion Village. Site was rezoned to Multifamily AR-1 Zoning - Approved for 17 Townhome Units. Located within the Southside CRA District - Eligible for 100%, 15-year Property Tax Abatements on all improvements. Seller has Geotech Subsurface Report, Phase I ESA, ALTA Survey, Storm, Grading & Ponding Plan, 100% Design Development Pricing Set, Demolition Estimate and Schematic Design Construction Budget Summary. Plans provide for 3 finished levels and garages ranging from 1428 SF to 1,800 SF.
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
Miscellaneous
- EPA Study
- Yes
- Public Transport
- Yes
- Survey
- Yes
Alternate Uses
- Multi-Family
- Yes
- Residential
- 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
Miscellaneous:
EPA Study; Public Transport; Survey
Alternate Uses:
Multi-Family; Residential
New Financing:
Conventional
MLS Primary PhotoSrc:
Realtor Provided
Documents
Brochure ›
Listing Office:
Howard Hanna Real Estate Svcs
Listing Agent:
Douglas T Tenenbaum
Last Updated: February - 24 - 2025
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