Current Use by Public Records
- Specialty properties
Property Details for 1505-1533 Parsons Ave
- Year built
- 1920
- Property type
- Specialty properties
Description
This exceptional .85-acre property at 1505-1533 Parsons Avenue in Columbus, Ohio, presents a remarkable redevelopment opportunity. Located in the up-and-coming Merion Village neighborhood, this site boasts 237 feet of frontage on Parsons Avenue and extends 150 feet deep. The property includes three duplexes, one single-family home, one vacant lot, and a four-unit commercial retail building with four additional one-bedroom apartments above. The existing structures offer potential for adaptive reuse or demolition to make way for new construction. Ample parking is available on-site, and convenient alley access is provided from both side streets. Built in 1920, the property sits on a substantial 37,026 square foot lot, offering significant flexibility for a variety of development projects. The high traffic count on Parsons Avenue ensures excellent visibility and accessibility for any future development. This is a rare chance to acquire a large, well-located parcel in a rapidly growing area of Columbus. The asking price for this unique property is $1,600,000. The property's location in the 43207 zip code offers easy access to major transportation routes and amenities. This is an ideal investment for developers seeking a prime location with significant potential for future growth and return.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.984
- Latitude
- 39.9326
