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2345 Demorest Rd, Grove City, OH, 43123

$2,376,000

11.00 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #224037828
Lot Size11.00 Acres
StatusAccepting Backup Offers
(Contingent)

About 2345 Demorest Rd

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.

Property Details

Property Features

Listing Office:

  • Office Name: Hanna Commercial, LLC
  • Office Phone: (614) 888-3456
  • Listing Agent: Douglas T Tenenbaum

Lot Features

Lot Information:

  • Lot Size: 11.00 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,376,000

Tax Information:

  • Annual Amount: $5,258
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Grove City, OH.

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Grove City, OH

City

Med. List Price

$349.9K

Med. Price/SqFt

$187

Avg. Days On Market

322

# of Sold Homes

2

2345 Demorest Rd vs Grove City

68 DAYS ON ROCKET

-254 Days

$2,376,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M more than the Median List Price in Grove City, OH.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Columbus and Central Ohio Regional MLS
  • MLS Number: #224037828

Listing Office:

  • Office Name: Hanna Commercial, LLC
  • Office Phone: (614) 888-3456
  • Listing Agent: Douglas T Tenenbaum

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/30/2024, 11:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,258$838,220
2019$5,054$762,020
2018$5,070$762,020
2017$5,069$762,020

History based on county public records data.

Payment Calculator

$11.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,190

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2244338
6
/10

  • Holy Crossing Intermediate School

  • 2706 Holt Rd

  • 0.60 miles

  • Public District Grades 5-6

school-card-donut-2244339
5
/10

  • Bolton Crossing Elementary School

  • 2695 Holt Rd

  • 0.73 miles

  • Public District Grades KG-4

school-card-donut-2244340
6
/10

  • Richard Avenue Elementary School

  • 3646 Richard Ave

  • 1.94 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,013. Most Grove City, OH residents have annual incomes between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2345 Demorest Rd

What is the listing price of this property?

The listing price of 2345 Demorest Rd property is $2,376,000.

What type of property is this?

The property 2345 Demorest Rd is land located in Grove City, Ohio, 43123.

Is this property for sale now?

Accepting Backup Offers: 2345 Demorest Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,258 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2345 Demorest Rd is 11.00 acres.
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Rocket Homes›Ohio›Franklin County›Grove City›43123›2345 Demorest Rd

This home is located at 2345 Demorest Rd in Grove City, OH and zip code 43123 in the Demorest / Holt neighborhood. This home sits on a 11.00 acre lot. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $2,376,000.

The number of listings in Grove City, OH decreased by 52.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $349,900, while the average time on the real estate market was 322 days.

From Rocket Homes Real Estate and based on county public records data.

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