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    851 Werner Ave Columbus, IN 47201

    Pending
    For Sale
    $100,000

    Residential Lots - Columbus, IN

    Lot size:
    0.29 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 851 Werner Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Multifamily
    APN
    039619320000100005
    Exterior features
    Corner Lot
    Lot size
    0.29 Acres

    Building Details

    Architectural style
    Other

    eXp Realty (888) 611-3912 [email protected]

    Listing agent Trish Meier (888) 611-3912 License #RB20002094

    Listing date Nov 24, 2025

    MLS# 22066591 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Columbus Multifamily Development Opportunity

    This is a multifamily development opportunity featuring three parcels being sold together. The property is zoned for multifamily use, making it suitable for investors, builders, or developers looking to create housing. The property is suited for modern townhomes, a duplex, or apartment living. The property is located near shopping, dining, and community amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Bartholomew
    State
    Indiana
    Longitude
    -85.908316
    Latitude
    39.208122

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    FAQs

    What type of property is this?
    Residential land & home lot - Three parcels for multifamily development near shopping, dining, and amenities.
    Where is this residential land & home lot located?
    The property is located at 851 Werner Ave Columbus, IN.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - Multi-family zoning in place; - Three parcels being sold together; - **Outstanding opportunity for multi-family development**
    (888) 611-3912
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    851 Werner Ave Columbus, IN 47201
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    Columbus, IN 47201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    851 Werner Ave Columbus, IN 47201
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