Lockbourne Road, Columbus, OH 43206

$1,500,000

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List Price
$1,500,000
Year Built
2022
MLS#
226012428
Status
CONTINGENT
Acres
0.23

Property Description

Development Opportunity - Lockbourne Rd, Columbus, OH 43207 Positioned in one of the fastest-evolving corridors on the south side of Columbus, this ±4-acre development site offers a rare opportunity to deliver a high-density residential project in a location primed for growth. Ideal for approximately 150-200 multi-family units or condominium development, the site supports a modern, efficient layout with integrated lower-level or tuck-under garage parking, maximizing density while maintaining strong design appeal. Strategically located along Lockbourne Road, the property benefits from direct access to major transit routes and COTA bus lines, providing seamless connectivity to Downtown Columbus, employment hubs, and key lifestyle amenities. This site falls within an area supported by city-backed development incentives, making it especially attractive for developers seeking tax advantages, revitalization programs, and long-term upside. An additional value-add includes a separate commercial building (not included in the 4 acres) currently leased to a church at $3,000/month NNN, providing stable supplemental income or future repositioning potential. Surrounded by ongoing development, improving infrastructure, and increasing demand for workforce and market-rate housing, this is a high-potential infill opportunity in a rapidly transforming submarket.

Additional Information

School District
Columbus Csd 2503 Fra Co.

Listing Courtesy of : Bradley Clarizio ---- Red 1 Realty

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