List Price/Acre: 127576.05
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
For Sale: Yes
For Exchange: No
For Lease: No
Maximum Acreage: 10.19
Built Prior to 1978: Yes
Useable Acres: 10.19
Residential Dwelling/Other Structure Y/N: No
# of Dwellings: 1
Building Sq Ft: 51709
Acreage: 10.19
Year Built: 1948
Zoning: E-Exempt
Multiple Parcels: Yes
Addl Parcel Numbers: 010-118880-00
Tax Abatement: No
Taxes (Yrly): 6274
Parcel #: 010-118544
Tax Year: 2024
Property Description: This rare, large-scale infill redevelopment opportunity is located in the heart of Columbus, Ohio at 1712 Courtright Road, offering ±10.2 acres across two contiguous parcels, including a ±51,709 square foot former institutional facility. With flexible commercial zoning and expansive land area, the site is primed for a broad range of high-impact uses. As Columbus continues to face a critical housing shortage—requiring an estimated 14,000 new residential units annually—this property presents a timely and strategic solution for residential developers, mixed-income builders, and urban infill investors. The site supports development concepts such as workforce housing, affordable senior housing, and market-rate multifamily projects that align with current city priorities. The existing structure is expected to be razed, providing a clean, shovel-ready slate for vertical construction. This property stands out as one of the few remaining large-scale, developable urban tracts in Southeast Columbus with direct access to major thoroughfares, including I-70 and I-270, and proximity to Downtown Columbus. Additional highlights include location within the Columbus City School District, access to public transit via key COTA bus lines, and a reduced 2024 tax assessment, lowering predevelopment carrying costs. The development potential is wide-ranging—ideal for multifamily housing, senior living campuses, mixed-use commercial/residential projects, educational institutions, or healthcare and community facilities. The site is eligible for rezoning or conditional use, and it aligns with public-private partnership goals and the City of Columbus' strategic housing and urban development initiatives. This is a rare chance to acquire a large, strategically located urban tract with tremendous potential for impactful redevelopment.
Sold Price/Acre: 83415.11
Under Contract Date: 2025-07-01
Sold Date: 2025-08-28
Sold Price: $850,000
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Public Sewer: 1
Private Sewer: 1
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Auction/Online Bidding Y/N: No
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Original List Price: 1300000
Sold Price: $850,000
Property Sub Type: Development
Street #: 1712
Street Name: Courtright
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43227
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
Status: Closed
MLS Entry Date: 2025-05-20
Addl Acceptance Cond: None Known
Sewer: Public Sewer; Private Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer
MLS Primary PhotoSrc: Realtor Provided