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Mixed-Use Land for Sale in Columbus, Ohio

Lockbourne Rd, Columbus, OH 43206

$1,500,000
0.23 acres
Active sale
ago
Est $11,707/mo

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.

Location

Street address
Lockbourne Rd
School district
Columbus CSD 2503 Fra Co.
Elevation
760 feet
Coordinates
39.9244, -82.9643

Property details

Lot size
0.23 acres10,019 sq ft
Zoning
Commercial
MLS #
CCOMLS 226012428
Posted

Parcels

  • 010-318661-00

Details and features

Listing

Type
Land

Structure

Sewer
Public Sewer

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Apr 16, 2026New listing$1,500,000CCOMLS
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This 0.23-acre property is located at Lockbourne Rd in Columbus, OH 43206. The property is available for sale for $1,500,000.

Checked 2 hours ago — Updated

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