8521-8559 Olde Worthington Road, Westerville, OH 43082
Local realty services provided by:ERA Martin & Associates
8521-8559 Olde Worthington Road,Westerville, OH 43082
$1,500,000
- 2.9 Acres
- Lots / Land
- Active
Listed by: ashley gale
Office: keller williams consultants614-932-2000
MLS#:226033661
Source:OH_CBR
Price summary
- Price:$1,500,000
About this home
RARE AND DISTINCTIVE 2.9-ACRE REDEVELOPMENT OPPORTUNITY IN THE POLARIS/ORANGE TOWNSHIP CORRIDOR. Comprised of two contiguous parcels along Olde Worthington Road, this represents one of the few remaining redevelopment opportunities of its kind in this highly established and rapidly growing area. Ideally positioned for potential commercial, medical, office or mixed-use redevelopment. ORANGE TOWNSHIP has indicated a desire to see the site redeveloped and has expressed receptiveness to appropriate redevelopment 9 Providing strong potential for mixed-use, office, retail, hospitality, commercial, or condominium development) proposals, subject to zoning and required approvals. A previous medical development progressed substantially through the approval process before the transaction ultimately did not proceed due to timeline. Both existing dwellings are rented month-to-month, generating a combined $4,000 per month and providing valuable holding income while a buyer pursues development plans. Excellent proximity to Polaris, I-71, major employers, medical, retail and surrounding residential growth. A unique opportunity to control nearly three contiguous acres in a corridor where sites of this size and redevelopment potential are becoming increasingly difficult to find. Buyer to independently verify zoning, permitted uses, utilities and all development requirements with Orange Township....
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Home facts
- Listing ID #:226033661
- Added:27 day(s) ago
- Updated:October 01, 2026 at 03:54 PM
Structure and exterior
- Lot area:2.9 Acres
- Lot Features:Water View, Wooded
Finances and disclosures
- Price:$1,500,000
- Tax amount:$15,523
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