5280 Riverside DrColumbus, OH 43220

  • Land
  • 1,836 SF
For Sale
$450,000 View listing

Property Details for 5280 Riverside Dr

Year built
1920
Lot size
1.00 AC
Property size (Sq ft)
1,836 SF
Property type
Land
Property subtype
Commercial land
APN
076-000003
APU
76000003

Description

This exceptional 1-acre commercial land parcel, located at 5280 Riverside Drive in Columbus, Ohio (Franklin County, zip code 43220), presents a unique investment opportunity. Zoned COM, this property offers significant potential for development, limited to office use. Situated in the Northwest area of Central Ohio, it enjoys a high-traffic location with over 18,000 cars passing daily. The site's enviable position across from Griggs Reservoir and the Scioto River provides a picturesque setting, while its proximity to established retail centers like Tuttle Mall and Carriage Place Plaza, along with popular restaurants (Outback Steakhouse, Bravo!), Giant Eagle, and CVS, ensures strong visibility and accessibility. The Ohio State University Main Campus is less than 15 minutes away, and other amenities such as the Ohio State University Golf Club and AMF Sawmill Lanes are also nearby. This owner/user opportunity is approximately 20 minutes from Downtown Columbus and is nestled within a thriving blend of residential and retail areas. The asking price for this rare property is $450,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $438,439
    Hospitality
    $401,607
    Educational
    $334,133
    Medical
    $345,624
    Retail
    $519,762
5280 Riverside Dr, Columbus, Ohio

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
40.0632
Longitude
-83.1034
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,750
$112,910
-
$112,910
-
$322,600
-
$322,600

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