2345 Demorest Road, Grove City, OH 43123 (MLS# 224037828)

2345 Demorest Road, Grove City, OH 43123

$2,376,000

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Property Type: Land/Farm Lot Size (sq. ft.): 479,160 Status: Contingent

Current Price: $2,376,000 List Date: 10/23/2024 Last Modified: 7/29/2026

Overview

Description

Approximately 11 +/- acres (to be split out of larger 19.926-acre parcel) in Jackson Twp, Franklin Co, contiguous to Columbus. Ideal to be annexed & zoned for multifamily development, eligible for the Citywide CRA. South-Western CSD. Water & Sanitary in the immediate area. Less than a mile drive to South-Western Central Crossing HS, Pleasant View MS, Holt Crossing Intermediate School, Bolton Crossing Elementary & South-Western Career Academy. Located in southwest Columbus/Grove City submarket, just north of Big Run South Rd & south of Alkire Rd and I-270. Average Daily Traffic Count (2023): 6,812. Level topography. Demos: 1-mi: 8,969 Pop, $100K Ave HH Inc; $82.4K Med HH Inc; 3-mi: 86,794 Pop, $85.4K Ave HH Inc; $67.6K Med HH Inc; 5-mi: 180,736 Pop, $87K Ave HH Inc; $70K Med HH Inc.

Listing Details MLS# 224037828

Location Property Info

Original List Price: 2376000
Property Sub Type: Multi-Family Land
Street #: 2345
Street Name: Demorest
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43123
School District: SOUTH WESTERN CSD 2511 FRA CO.
Township: Jackson

OfficeContract Info

MLS Entry Date: 2024-10-23

General Property Info

Acreage: 11
Minimum Acreage: 11
Maximum Acreage: 11
Lot Size (Side): 1340
Useable Acres: 11
Traffic Count PerDay: 6812
Road Frontage: 367
Residential Dwelling/Other Structure Y/N: No
Built Prior to 1978: No

Tax Info

Parcel #: 160-000331
Zoning: SR, Residential
Multiple Parcels: No
Tax Year: 2023
Tax Abatement: No
Taxes (Yrly): 4888

Auction Info

Auction/Online Bidding Y/N: No

More Information

Property Features

Addl Acceptance Cond: None Known Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Alternate Uses: Multi-Family New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided

Listing Office: Hanna Commercial, LLC

Listing Agent: Douglas T Tenenbaum

Last Updated: July - 29 - 2026

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