2345 Demorest RoadGrove City, OH 43123

2345 Demorest RoadGrove City, OH 43123

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$2,376,000 Contingent
Land - Multiple MLS 224037828 Contingent
11.000 acres lot size
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Listed By

Agency Name: Hanna Commercial, LLC
Agency Phone: 614-888-3456
Agent Name: Douglas T Tenenbaum

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Approximately 11 +/- acres (to be split out of larger 19.926-acre parcel) in Jackson Twp, Franklin Co, contiguous to Columbus. Ideal to be annexed & zoned for multifamily development, eligible for the Citywide CRA. South-Western CSD. Water & Sanitary in the immediate area. Less than a mile drive to South-Western Central Crossing HS, Pleasant View MS, Holt Crossing Intermediate School, Bolton Crossing Elementary & South-Western Career Academy. Located in southwest Columbus/Grove City submarket, just north of Big Run South Rd & south of Alkire Rd and I-270. Average Daily Traffic Count (2023): 6,812. Level topography. Demos: 1-mi: 8,969 Pop, $100K Ave HH Inc; $82.4K Med HH Inc; 3-mi: 86,794 Pop, $85.4K Ave HH Inc; $67.6K Med HH Inc; 5-mi: 180,736 Pop, $87K Ave HH Inc; $70K Med HH Inc.

2345 Demorest Road | MLS# 224037828

This land located at 2345 Demorest Road, Grove City, OH 43123 is currently listed for sale with an asking price of $2,376,000. The property has approximately 11.00 Acres. Demorest Road is located within the SOUTH WESTERN CITY school district. Search Grove City real estate on 3603stonewaypoint.cutlerhomes.com today.

Property Features

Property Type: Land - Multiple
Days on Market: 518
Lot Size: 11.00 Acres
Taxes: $4,888

Feature Descriptions

Parcel #: 160-000331
Utilities: Water Available, Sewer Available, Electricity Available, Storm Sewer, Gas

Local Schools

School District: SOUTH WESTERN CITY

Demographics

Franklin County Demographic Information for 2345 Demorest Road, Grove City, OH 43123
Fips
Fips Code 39049
Population
2020 to 2023 Change up 0.2%
2010 Count 1,163,414
2020 Count 1,323,807
2023 Estimate (V2023) 1,326,063
2020 Estimate (V2023) 1,323,810
Age Distribution (Years Old)
0 to 4 6.5%
5 to 17 22.9%
18 to 64 57.4%
65 and Older 13.2%
Gender
Male 49.2%
Female 50.8%
Place of Birth
Foreign 12.0%
US 88.0%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 41.7%
Computer and Internet use
Households with a computer 95.9%
Households with a broadband Internet subscription 92.1%
Language
English is Second Language, Age 5+ 14.9%
English is First Language, Age 5+ 85.1%
Veterans
Veterans 56,845
Income
Per Capita Income $41,148
Median Household Income $71,070
People in Poverty 15.1%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 594,813
Households 542,366
Average Household Size 2.38
Owner-Occupied 53.5%
Multi-Family 36.6%
Owner-Occupied Median Value $243,100
Median selected monthly owner costs -with a mortgage $1,667
Median selected monthly owner costs -without a mortgage $685
Median gross rent $1,169
Building Permits
New Private Housing Issued 2023 7,303
Years at Residence
1 Year or More 82.6%
Less Than 1 Year 17.4%
Business and Employment
Private non-farm Establishments 30,187
Private non-farm Employment 642,630
Private non-farm Employment Growth up 0.4%
Nonemployer Establishments 117,491
Number of Firms 107,363
Business Production
Value of Shipments $13,796,060,000
Wholesale Trade $32,205,012,000
Retail Trade $25,665,382,000
Retail Sales Per Capita $17,887
Accommodation and Food Services $3,728,293,000
Land
Land Area 532.19 sq. miles
Population Per Square Mile 2,187

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 12,692.85 per month $11,592.52 Principal & Interest $407.33 Property Tax $693.00 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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