Overview
Columbus Land For Sale
This 12.43-acre site is zoned L-M, Limited Manufacturing, in the City of Columbus, with a 60-foot height district, permitting industrial and retail uses. The site measures approximately 482 feet by 1120 feet. Located in a Qualified Opportunity Zone, Enterprise Zone, and CRA, development is eligible for a 75%, 10-year tax abatement on real property improvements. The property offers high visibility and easy access to I-670, I-270, I-70, and I-71. It is situated 1 mile north of John Glenn Columbus International Airport, just north of Citygate Dr., and south of Agler Rd., with Easton Town Center 2.4 miles to the north. The location is within the North Central Columbus and Airport Industrial Submarkets, which contain roughly 18.4 million and 23 million square feet of industrial space, respectively. These submarkets have vacancy rates of 2.0% and 5.1%, with rents growing by 4.8% and 4.2% over the past 12 months. The property is approved for two access drives: a north access drive with a new signalized intersection shared with America’s Floor Source, and a planned south full access drive slightly south of the middle of the site. Traffic count is 22,622 VPD. A newly constructed storm basin on the northwest corner of the site, sized for America’s Floor Source’s 265,000 square foot showroom/office/warehouse facility, could be expanded to accommodate development needs, or storm water management could be separate. Approximately 0.73 acres of the basin is on this site. The seller has ESA Phase I, Wetlands and Waters Determination Reports, a 2021 Traffic Study, Existing Conditions Plan, Site Plan, Utility Plan, and Drainage Plan including Private Storm Sewer Improvement Plan with Basin Details. The population within 3-, 5- and 10-mile rings are 75,591, 300,305 and 999,857, respectively.