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
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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Grove City, OH.
This property is $2.0M more than the Median Sold Price in Grove City, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #224037828
Listing Office:
Office Name: Hanna Commercial, LLC
Listing Agent: Douglas T Tenenbaum
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11.9K
Per Month
Principal & Interest
$11.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,190
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Holy Crossing Intermediate School
2706 Holt Rd
Distance between this listing and this school0.60 miles
Public District Grades 5-6
5
/10
Bolton Crossing Elementary School
2695 Holt Rd
Distance between this listing and this school0.73 miles
Public District Grades KG-4
6
/10
Richard Avenue Elementary School
3646 Richard Ave
Distance between this listing and this school1.94 miles
Public District Grades KG-4
Nearby Schools
5
/10
Brookpark Middle School
2803 Southwest Blvd
Distance between this listing and this school2.04 miles
Public District Grades 7-8
3
/10
Columbus Preparatory and Fitness Academy
1258 Demorest Rd
Distance between this listing and this school2.08 miles
Public Charter Grades KG-8
5
/10
Westside Academy
4330 Clime Rd N
Distance between this listing and this school2.20 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
Central Crossing High School
4500 Big Run South Rd
Distance between this listing and this school0.50 miles
Public District Grades 9-12
4
/10
Franklin Heights High School
1001 Demorest Rd
Distance between this listing and this school2.21 miles
Public District Grades 9-12
2
/10
Bridge Gate Community School
4060 Sullivant Ave
Distance between this listing and this school2.69 miles
The neighbors living near this home have an average income of $81,013. The most common annual income of people living in Grove City, OH is between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
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?
Active Listing: 2345 Demorest Rd is For Sale (Active/New) which means the seller is accepting offers.
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).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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.
Grove City, OH housing market in October 2024 saw over 1 listings sold above listed price, more than 4 sold at listed price and over 7 sold below. The number of homes for sale in Grove City, OH decreased by 21.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 141 days, the median list price was $344,980.
From Rocket Homes Real Estate and based on county public records data.
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. 
Soccer
Soccer
College Basketball
Mexican League Soccer
Burlington
Dillards
Books-a-Million
Wingstop
Logan's Roadhouse
Church's Chicken
Nissan
Hyundai
Toyota
Christian Adult Contemporary
Rock
Adult Hits