$1,500,000
 $9,980 est/mo Sourced by Back At You

0 Lockbourne Road,Columbus, OH 43206

Columbus, OH 43206

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Description

Development Opportunity - Lockbourne Rd, Columbus, OH 43207 Positioned in one of the fastest-evolving corridors on the south side of Columbus, this ±4-acre development site offers a rare opportunity to deliver a high-density residential project in a location primed for growth. Ideal for approximately 150-200 multi-family units or condominium development, the site supports a modern, efficient layout with integrated lower-level or tuck-under garage parking, maximizing density while maintaining strong design appeal. Strategically located along Lockbourne Road, the property benefits from direct access to major transit routes and COTA bus lines, providing seamless connectivity to Downtown Columbus, employment hubs, and key lifestyle amenities. This site falls within an area supported by city-backed development incentives, making it especially attractive for developers seeking tax advantages, revitalization programs, and long-term upside. An additional value-add includes a separate commercial building (not included in the 4 acres) currently leased to a church at $3,000/month NNN, providing stable supplemental income or future repositioning potential. Surrounded by ongoing development, improving infrastructure, and increasing demand for workforce and market-rate housing, this is a high-potential infill opportunity in a rapidly transforming submarket.

Details

MLS #226012428
Listing TypeFor Sale
Sub-TypeResale
StatusContingent
Year2022
Days On Site153
Listing Provided ByRed 1 Realty | Bradley Clarizio

Features

ZoningCommercial
Acreage0.23

Area Information

StateOH
CountyFranklin
CityColumbus
Zip Code43206
School DistrictCOLUMBUS CSD 2503 FRA CO.
High SchoolCOLUMBUS CSD 2503 FRA CO.
Listing VS Median (in 43206)
Price:
$1,500,000
low | high
Med:
$287,500
100% of Average
On site:
153
low | high
Med:
23
100% of Average
Sourced by Back At You

Market Activity 43206

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Contact

Learn More About This Property

Jason Armstrong

Jason Armstrong

e-Merge Real Estate

2017003679Certified Real Estate Negotiator (614) 499-4115jason.armstrong@e-merge.com
StateOH
CountyFranklin
CityColumbus
Zip Code43206
School DistrictCOLUMBUS CSD 2503 FRA CO.
High SchoolCOLUMBUS CSD 2503 FRA CO.
Listing VS Median (in 43206)
Price:
$1,500,000
low | high
Med:
$287,500
100% of Average
On site:
153
low | high
Med:
23
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.125M - $1.875M
sqft: 0 - 0
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1932 Ellsworth Avenue
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1059 Lawrence Drive Property Photo 1
$209,900
1059 Lawrence Drive
Columbus, OH 43207
1059 Lawrence Drive Property Photo 1
$1,550
1059 Lawrence Drive
Columbus, OH 43207
Listing Updated: July 29, 2026 at 11:53:09 AM PDT

Jason Armstrong - e-Merge Real Estate Pickerington - e-Merge Real Estate