3.79 Acre Development Site

115 W Castle Rd Columbus, OH 43207

115 W Castle Rd, Columbus, OH, 43207
115 W Castle Rd, Columbus, OH, 43207 115 W Castle Rd, Columbus, OH, 43207 115 W Castle Rd, Columbus, OH, 43207 115 W Castle Rd, Columbus, OH, 43207 115 W Castle Rd, Columbus, OH, 43207 115 W Castle Rd, Columbus, OH, 43207 115 W Castle Rd, Columbus, OH, 43207 115 W Castle Rd, Columbus, OH, 43207 115 W Castle Rd, Columbus, OH, 43207 115 W Castle Rd, Columbus, OH, 43207
FOR SALE
Property Type:
Multifamily Land
Amount:
$488,910
Last Verified:
Nov 11, 2023

Highlights

  • 3.79 Acres Available Via 4 Parcels
  • Convenient Access to South High Street
  • Neighbors the Shamrock Club
  • Situated Just South of RT-104
  • All Utilities Accessible to Site
  • Approximately 4 Miles South of Downtown Columbus
  • ±26,330 Vehicles Per Day Traveling on South High Street
  • Over 1,700 Multi-Family Units Added Within the Submarket in 2023
  • R - Residential Zoning, Adjacent to LC-4 (Limited Commercial) Zoning

Description

3.79-acre property situated across four parcels just South of downtown Columbus. This prime vacant land site is nestled just off of S. High Street and is well positioned with access to an abundance of amenities and adjacent to commercial development. While the zoning is currently Residential, adjacent parcels are zoned commercial. This property benefits from a daily traffic count of ±26,330 vehicles along South High Street. The site is within a mile of Steelton Village, a 36-acre redevelopment project on High Street anchored by The Fort and over proposed 1,000 new apartment units.

3.79 acres of Land For Sale along W Castle Rd in Columbus, OH. The property is situated conveniently just off of South High Street in an area with multiple announced new developments. Just south of Downtown and Rt 104, with quick access to I-71. Directly adjacent to South High Commerical sites and next to the Shamrock Club.

Building Size: 0sq ft
Lot Size: 3.79 acres


Documents

115 W Castle Rd Flyer

Map of 115 W Castle Rd, Columbus, OH, 43207

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.