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    493 Parkwood Ave Columbus, OH 43203

    For Sale
    $79,900

    Prime Columbus lot, 6,534 sq ft, R3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 6,534 square foot lot presents a unique opportunity to build your dream home in the desirable Woodland Park neighborhood of Columbus, Ohio. Located at 493 Parkwood Avenue, this R3 zoned property offers convenient access to a wealth of amenities and key transportation routes. Enjoy the charm of Woodland Park, with its proximity to Ohio State University East Hospital and the expansive green spaces of Franklin Park. The location provides easy access to downtown Columbus and the airport, making daily commutes and travel a breeze. The lot's size provides ample space for a substantial home design, allowing for creative architectural possibilities. The R3 zoning designation opens up various development options, catering to a range of building plans. This is an exceptional opportunity to invest in a prime piece of Columbus real estate, offering both convenience and the potential to create a personalized and comfortable living space. The property is situated in Franklin County, Ohio, with a zip code of 43203. The asking price for this remarkable lot is $79,900. Don't miss this chance to build your future in a thriving and sought-after Columbus neighborhood.

    Property Features for 493 Parkwood Ave

    General Information

    Property type
    Land

    HighLights

    • $79,900 asking price.
    • 6,534 square foot land lot.
    • Located at 493 Parkwood Avenue, Columbus, OH 43203.
    • R3 Residential zoning.
    • Convenient access to OSU East Hospital, Franklin Park, downtown Columbus, and the airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9601325
    Latitude
    39.9773816

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    FAQs

    What type of property is this?
    Land - Prime Columbus lot, 6,534 sq ft, R3 zoning.
    Where is this land located?
    The property is located at 493 Parkwood Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: $79,900 asking price.; 6,534 square foot land lot.; Located at 493 Parkwood Avenue, Columbus, OH 43203.
    Request Owner's contact information
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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
    493 Parkwood Ave Columbus, OH 43203
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