Development Land in Columbus,
For Sale
Under Contract
$1,500,000
Lockbourne Road, Columbus, OH 43206
Land, Columbus, OH
Property SizeContact for details
Lot Size0.23 Acres
Days on Market195
Property Features for Lockbourne Road
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial
Elementary school district
COLUMBUS CSD 2503 FRA CO.
Middle school district
COLUMBUS CSD 2503 FRA CO.
High school district
COLUMBUS CSD 2503 FRA CO.
Standard status
Active Under Contract
APN
010-318661-00
Lot size
0.23 Acres
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Building Details
Year built
2022
Listing Agency:
Red 1 Realty
(614) 585-9020
Listed By:
Bradley Clarizio
(614) 309-2158
Added: Apr 16
Changed: Aug 29
Last Checked: Oct 27 at 1:06AM
MLS# 226012428
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This approximately 4-acre development site is positioned in a rapidly evolving corridor on the south side of Columbus. It presents a development opportunity ideal for a high-density residential project. The site is suitable for approximately 150-200 multi-family units or condominium development, supporting a modern, efficient layout with integrated lower-level or tuck-under garage parking. The location along Lockbourne Road provides direct access to major transit routes and COTA bus lines, offering connectivity to Downtown Columbus, employment hubs, and key lifestyle amenities. The property is located within an area supported by city-backed development incentives, making it attractive for developers seeking tax advantages and revitalization programs. A separate commercial building, currently leased to a church at $3,000/month NNN, provides supplemental income or future repositioning potential. The site is surrounded by ongoing development, improving infrastructure, and increasing demand for workforce and market-rate housing, representing a high-potential infill opportunity in a transforming submarket.
Key Highlights
- +/-4‑acre development site ideal for 150‑200 multi‑family units or condominiums.
- Located in a rapidly evolving corridor on the south side of Columbus.
- Direct access to major transit routes and COTA bus lines for connectivity to Downtown Columbus.**
Property Analytics
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Lease Details
200
Residential units
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
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Business Placement
Demographics for 43206, OH
21,594
Population
12,758
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
94%
High-School Grad
3.0 sq mi
ZIP Area
7,198
Density / Sq Mi
$74,421
Median Household Income
$52,603
Median Earnings
$1,339
Median Rent
$280,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - 4-acre development site ideal for high-density residential project.
Where is this commercial land located?
The property is located at Lockbourne Road Columbus, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: +/-4‑acre development site ideal for **150‑200 multi‑family units or condominiums.**; Located in a rapidly evolving corridor on the south side of Columbus.; Direct access to major transit routes and COTA bus lines for connectivity to Downtown Columbus.**
