$3,750,000
Columbus, OH 43201
MLS# 225026934
Status: Contingent
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Property Description
Prime Development Opportunity - 12.48 Acres Approved for Apartment Residential Use | 0 Leona Ave, Columbus, OH Situated in the heart of Columbus within the revitalizing Milo-Grogan community, this 12.48-acre parcel presents a prime development opportunity. The site is already zoned for Apartment Residential - Low Density District, offering a ready-to-go development with approved plans for a thoughtfully designed multifamily community. Approved Site Plan Includes: 217 Total Units: 121 One-Bedroom Units 48 Three-Bedroom Units 48 Four-Bedroom Units Leasing Office & Mail Center Dog Park & Fitness Area Toddlers' Playground & Older Children's Play Area Bordered by single-family residential homes to the west and south, and industrial uses to the north and east, the proposed residential development is consistent with the surrounding neighborhood's character and aligns with future commercial revitalization efforts in Milo-Grogan. Strategic Location Highlights: Convenient access to I-71 and major commuter routes Close proximity to The Ohio State University Nearby access to public transportation With zoning and unit mix approvals in place, this site is ideal for developers looking to deliver a new residential community in an area primed for growth and investment.
Details
Documents
Location & Property Info
List Price/Acre: 300480.77
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
For Exchange: No
For Lease: No
General Property Info
Minimum Acreage: 12.4
Maximum Acreage: 12.48
Built Prior to 1978: No
Useable Acres: 12.48
Residential Dwelling/Other Structure Y/N: No
Acreage: 12.48
Tax Info
Zoning: Apartment
Tax Abatement: No
Taxes (Yrly): 16097
Parcel #: 010-258776
Tax Year: 2024
Remarks & Misc
Property Description: Prime Development Opportunity - 12.48 Acres Approved for Apartment Residential Use | 0 Leona Ave, Columbus, OH
Situated in the heart of Columbus within the revitalizing Milo-Grogan community, this 12.48-acre parcel presents a prime development opportunity. The site is already zoned for Apartment Residential - Low Density District, offering a ready-to-go development with approved plans for a thoughtfully designed multifamily community.
Approved Site Plan Includes:
217 Total Units:
121 One-Bedroom Units
48 Three-Bedroom Units
48 Four-Bedroom Units
Leasing Office & Mail Center
Dog Park & Fitness Area
Toddlers' Playground & Older Children's Play Area
Bordered by single-family residential homes to the west and south, and industrial uses to the north and east, the proposed residential development is consistent with the surrounding neighborhood's character and aligns with future commercial revitalization efforts in Milo-Grogan.
Strategic Location Highlights:
Convenient access to I-71 and major commuter routes
Close proximity to The Ohio State University
Nearby access to public transportation
With zoning and unit mix approvals in place, this site is ideal for developers looking to deliver a new residential community in an area primed for growth and investment.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
Alternate Uses
Multi-Family: 1
Residential: 1
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 3750000
List Price: $3,750,000
Property Sub Type: Development
Street Name: Leona
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43201
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Contingent
MLS Entry Date: 2025-07-09
Property Features
Addl Acceptance Cond: None Known
Alternate Uses: Multi-Family; Residential
MLS Primary PhotoSrc: Realtor Provided
Leona Brochure 
Listing Office: Real Estate Opportunity
Listing Agent: Theodore Nemeth
Last Updated: August - 02 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2025 Columbus Board of Realtors. All rights reserved.
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