Franklin Hills Residential Development

1210 Franklin Ave Heath, OH 43056

1210 Franklin Ave, Heath, OH, 43056
1210 Franklin Ave, Heath, OH, 43056 1210 Franklin Ave, Heath, OH, 43056 1210 Franklin Ave, Heath, OH, 43056 1210 Franklin Ave, Heath, OH, 43056 1210 Franklin Ave, Heath, OH, 43056 1210 Franklin Ave, Heath, OH, 43056 1210 Franklin Ave, Heath, OH, 43056 1210 Franklin Ave, Heath, OH, 43056 1210 Franklin Ave, Heath, OH, 43056 1210 Franklin Ave, Heath, OH, 43056 1210 Franklin Ave, Heath, OH, 43056
FOR SALE
Property Type:
Residential Land Development
Amount:
Please Call Broker for Price

Last Verified:
Feb 13, 2024

Highlights

  • Zoning in Place
  • Sewer/Utility plan in place
  • Landowner/Developer may consider finishing lots for builder
  • School Choice of Heath or Lakewood Schools
  • Charming property with gentle hills
  • Close to retail, jobs and highways

Description

This prime site, already approved for residential housing and senior living has the potential to achieve 250 residential lots or more, offering the flexibility for higher density configurations. There is also approximately 20 acres available for senior housing. With most components nearly shovel-ready, including imminent finalizations with the city for sewer, this property is primed for development. The sellers plan to leverage TIF for sewer completion; zoning is in place, and the Sewer/Utility plan is ready to go. The Landowner/Developer is open to considering lot completion for builders. Residents can choose between Heath or Lakewood Schools, and enjoy the charming landscape featuring gentle hills. Proximity to retail, job centers, and highways further elevates the value of this exceptional property. Price is subject to offer.

Licking County, Ohio, is an attractive region that presents a harmonious blend of scenic landscapes and dynamic communities. As part of the Columbus Metropolitan Statistical Area (MSA), it is nestled in the heart of the state, making it an appealing location for individuals and businesses who appreciate a mix of historical allure with modern comforts.

Spanning across central Ohio, Licking County is a picturesque haven. Its stunning landscapes, including rolling hills, lush forests, tranquil rivers, and fertile farmland, provide an idyllic backdrop for everyday life and offer a myriad of recreational opportunities. Residents and visitors can enjoy various outdoor activities such as hiking, cycling, fishing, and boating, fully embracing the county's diverse natural beauty.

As part of the Columbus MSA, Licking County enjoys excellent connectivity, with a network of major highways providing easy access for commuting and traveling. This strategic location makes it an ideal hub for commerce, encouraging a thriving business environment.

Moreover, the county's proximity to the recently announced Intel campus adds to its appeal. As Intel is poised to become a significant employer in the region, Licking County presents an excellent location for those seeking employment opportunities at the tech giant. This close proximity means less commute time and more opportunities for work-life balance for potential Intel employees residing in Licking County.

In conclusion with its strategic location within the Columbus MSA and proximity to the new Intel campus, it provides a balanced, thriving community for those seeking a rich, multi-faceted life. Its blend of scenic beauty, vibrant communities, educational opportunities, and modern conveniences make it an ideal choice for individuals, families, and businesses alike.

Building Size: 0sq ft
Lot Size: 105.0 acres


Documents

Franklin Hills Development OM

Map of 1210 Franklin Ave, Heath, OH, 43056

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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.