$3,750,000
UNDER CONTRACT

Estimated payment $21,067/month

Total Views 1,950
12.48 Acres
$300,481 Price per Acre
543,629 Sq Ft Lot

About This Lot

Prime Development Opportunity - 12.48 Acres Approved for Apartment Residential Use | 0 Leona Ave, Columbus, OH

Situated in the heart of Columbus within the revitalizing Milo-Grogan community, this 12.48-acre parcel presents a prime development opportunity. The site is already zoned for Apartment Residential - Low Density District, offering a ready-to-go development with approved plans for a thoughtfully designed multifamily community.

Approved Site Plan Includes:
217 Total Units:
121 One-Bedroom Units
48 Three-Bedroom Units
48 Four-Bedroom Units
Leasing Office & Mail Center
Dog Park & Fitness Area
Toddlers' Playground & Older Children's Play Area

Bordered by single-family residential homes to the west and south, and industrial uses to the north and east, the proposed residential development is consistent with the surrounding neighborhood's character and aligns with future commercial revitalization efforts in Milo-Grogan.

Strategic Location Highlights:
Convenient access to I-71 and major commuter routes
Close proximity to The Ohio State University
Nearby access to public transportation

With zoning and unit mix approvals in place, this site is ideal for developers looking to deliver a new residential community in an area primed for growth and investment.

Listing Agent

Ted Nemeth

Real Estate Opportunity License #2014002433 Listed on: 07/21/2025

Co-Listing Agent

Ann Adams

Real Estate Opportunity License #2014003309

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,097

Lot Details

  • 12.48 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 010-258776

Property Details

Property Type

Land

Est. Annual Taxes

$16,097

Lot Details

0

Listing Details

  • Type: Land
  • Tax Year: 2024
  • Property Sub-Type: Development
  • Lot Size Acres: 12.48
  • Co List Office Mls Id: 11199
  • Co List Office Phone: 614-924-0410
  • Co List Office Phone: 614-924-0410
  • MLS Status: Contingent
  • Remarks Misc Hot Sheet Comments: new
  • General Property Info Residential DwellingOther Structure YN: No
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Residential

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-258776
  • Lot Size Sq Ft: 543628.8
  • Zoning Description: Apartment

Tax Info

  • Tax Annual Amount: 16097.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $24,018 $216,870 $213,050 $3,820
2023 $15,842 $216,860 $213,045 $3,815
2022 $3,210 $42,810 $38,640 $4,170
2021 $3,224 $42,810 $38,640 $4,170
2020 $3,202 $42,810 $38,640 $4,170
2019 $3,205 $38,920 $35,140 $3,780
2018 $3,172 $38,920 $35,140 $3,780
2017 $3,202 $38,920 $35,140 $3,780
2016 $3,391 $38,960 $35,140 $3,820
2015 $2,991 $38,960 $35,140 $3,820
2014 $3,147 $38,960 $35,140 $3,820
2013 $1,559 $38,955 $35,140 $3,815
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2025 07/21/25 For Sale $3,750,000 -- --
Source: Columbus and Central Ohio Regional MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $670,000 Ohio Real Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $430,000 Credit Line Revolving
Source: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225026934

Columbus and Central Ohio Regional MLS

APN: 010-258776