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    1325 Broad St Columbus, OH 43222

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    For Sale
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    0.92 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.92-acre parcel at 1325 W Broad St, Columbus, OH 43222 presents a unique mixed-use development opportunity. Located in the rapidly expanding Franklinton neighborhood of Franklin County, this property boasts pre-approved building plans for a residential and commercial development. The site's strategic location within an Opportunity Zone provides significant tax incentives and abatement opportunities, making this an attractive investment. The land is ideally situated to capitalize on Franklinton's burgeoning growth, addressing the area's high demand for housing. All necessary approvals are in place, streamlining the development process and minimizing potential delays. This prime location offers easy access to major transportation routes and amenities, ensuring high visibility and convenient access for future residents and businesses. The 0.92-acre lot provides ample space for a substantial development project, allowing for creative design and efficient space utilization. This is a rare chance to acquire a fully permitted development site in one of Columbus's most dynamic and sought-after neighborhoods. Invest in a future-ready property with substantial growth potential and attractive tax benefits. Don't miss this exceptional opportunity to shape the future of Franklinton.

    Property Features for 1325 Broad St

    General Information

    Property type
    Land
    Lot Size
    40,075 SF

    HighLights

    • 0.92‑acre land parcel in Columbus, Ohio.
    • All building plans approved for a mixed‑use development.
    • Opportunity Zone designation offers tax incentives and abatement opportunities.
    • Located in Franklinton, a rapidly growing Columbus neighborhood with high housing demand.
    • Zoned for residential and commercial use.
    Property Profile 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
    -83.0360327
    Latitude
    39.9576196

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    FAQs

    What type of property is this?
    Land - 0.92 Acres, Mixed-Use Potential
    Where is this land located?
    The property is located at 1325 Broad St Columbus, OH.
    What are key features of this property?
    This property features: 0.92-acre land parcel in Columbus, Ohio.; All building plans approved for a mixed-use development.; Opportunity Zone designation offers tax incentives and abatement opportunities.
    (614) 228-2222
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    1325 Broad St Columbus, OH 43222
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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
    1325 Broad St Columbus, OH 43222
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