Selling Land or Property in Columbus, Ohio
By the Mac Capital Investments acquisitions team · For Columbus-area owners · Published
Columbus is one of our active focus markets, and its growth story right now really has two chapters: a fast-changing exurban corridor reshaped by a single enormous investment, and a steady, demand-rich urban core that runs on its own logic. Which chapter applies to a given property changes what it's actually worth.
The Intel effect
Intel's semiconductor campus in New Albany is projected to bring roughly 3,000 permanent jobs, and the ripple effect has been fast: rapid appreciation and infrastructure investment across the northeast corridor, with New Albany, Johnstown, and Pataskala at the center of it. New subdivisions are expanding along the Route 161 corridor, and even Lewis Center — not itself an Intel suburb — is seeing increased demand from employees of Intel, Abbott, and OhioHealth looking for proximity to work and strong school districts.
A different story in the urban core
Closer to downtown, demand runs on its own drivers. Ohio State keeps neighborhoods like University District and Old North in steady, year-round demand. Younger renters gravitate to Short North, the Arena District, and Italian Village for their walkability and amenities. This part of Columbus isn't waiting on any single employer — it's a dense, established rental and ownership market with its own momentum.
What this means if you're selling
- Land near the Route 161 corridor may carry more value now than a straightforward per-acre comp would suggest, simply because of what's happening around it.
- Overall inventory is up roughly 7.6% with prices rising moderately (3–6%) — a more balanced market than Columbus has seen in recent years, which means condition and pricing discipline matter more than they did at the peak.
- Rentals near Ohio State or in the Short North/Arena District/Italian Village corridor have a durable, non-Intel-dependent demand base worth factoring in separately.
- A parcel or property outside the immediate Intel suburbs but along the growth corridor (Lewis Center and similar) may be drawing more interest than its owner expects.
Where a direct sale fits
A buyer who understands both halves of this market — the corridor reshaped by Intel and the steady urban core — can evaluate a Columbus property or parcel more accurately than a generic national comp would. That matters whether you're holding land near the growth corridor, a rental near campus, or a property somewhere in between.
If you own land or property in the Columbus area, submit it for a direct evaluation — our team assesses Central Ohio assets with an understanding of where the growth actually is, and responds directly.
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