Listing Agency: Red 1 Realty

Listed By: Jim Ross · License #2015001860

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 6:55AM

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Investment Insights

Based on property information with market context.

This land parcel is located at 494 S Champion Ave in Columbus, Ohio, within the Olde Towne East area. The property is identified as land and is offered for sale.

The site lies within a Community Reinvestment Area and is eligible for a 100% 15-year tax abatement through the City of Columbus. The abatement program provides a significant tax consideration for qualified development plans; specific eligibility requirements and terms should be confirmed with the city.

Key Highlights

• Located in Olde Towne East
• Within a Community Reinvestment Area
• Eligible for a 100% 15‑year tax abatement

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Locksmith Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,608

Businesses Nearby

Explore this area Business Placement

Demographics for 43205, OH

12,044

Population

7,303

Households

1.6

Avg Household Size

35

Median Age

41%

College-Educated

89%

High-School Grad

2.4 sq mi

ZIP Area

5,018

Density / Sq Mi

$54,214

Median Household Income

$41,219

Median Earnings

$1,050

Median Rent

$290,800

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Vacant land in Columbus’s Olde Towne East with eligibility for a city tax abatement program.

Where is this land located?

The property is located at 494 S Champion Ave Columbus, OH.

What are key features of this property?

This property features: Located in Olde Towne East; Within a Community Reinvestment Area; Eligible for a 100% 15‑year tax abatement