'Incorrect SET Options' Error When Building Database Project

I found the solution for this problem:

1. Go to the Server Properties.
2. Select the Connections tab.
3. Check if the ansi_padding option is unchecked.

According to BOL:

Indexed views and indexes on computed columns store results in the database for later reference. The stored results are valid only if all connections referring to the indexed view or indexed computed column can generate the same result set as the connection that created the index.

In order to create a table with a persisted, computed column, the following connection settings must be enabled:

SET ANSI_NULLS ON
SET ANSI_PADDING ON
SET ANSI_WARNINGS ON
SET ARITHABORT ON
SET CONCAT_NULL_YIELDS_NULL ON
SET NUMERIC_ROUNDABORT ON
SET QUOTED_IDENTIFIER ON

These values are set on the database level and can be viewed using:

SELECT 
    is_ansi_nulls_on,
    is_ansi_padding_on,
    is_ansi_warnings_on,
    is_arithabort_on,
    is_concat_null_yields_null_on,
    is_numeric_roundabort_on,
    is_quoted_identifier_on
FROM sys.databases

However, the SET options can also be set by the client application connecting to SQL Server.

A perfect example is SQL Server Management Studio which has the default values for SET ANSI_NULLS and SET QUOTED_IDENTIFIER both to ON. This is one of the reasons why I could not initially duplicate the error you posted.

Anyway, to duplicate the error, try this (this will override the SSMS default settings):

SET ANSI_NULLS ON
SET ANSI_PADDING OFF
SET ANSI_WARNINGS OFF
SET ARITHABORT OFF
SET CONCAT_NULL_YIELDS_NULL ON 
SET NUMERIC_ROUNDABORT OFF
SET QUOTED_IDENTIFIER ON
GO

CREATE TABLE T1 (
    ID INT NOT NULL,
    TypeVal AS ((1)) PERSISTED NOT NULL
) 

You can fix the test case above by using:

SET ANSI_PADDING ON
SET ANSI_WARNINGS ON

I would recommend tweaking these two settings in your script before the creation of the table and related indexes.