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Commercial Land with Redevelopment Potential

8521-8559 Olde Worthington Road, Westerville, OH 43082

For Sale
$1,500,000

Two rented dwellings provide interim use as plans for future development are considered.

Property SizeContact for details
Days on Market65

Property Features for 8521-8559 Olde Worthington Road

General Information

Standard status Active
Property subtype Commercial Lots & Land

Taxes and HOA fees

Annual Taxes $15,523
Listing Agency: Keller Williams Consultants
Listed By: Ashley Gale
Source: Douglaskeycresolutions
Added: Sep 4 Changed: Nov 7 Last Checked: Nov 7 at 2:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Consultants

Rey
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Investment Insights

Based on property information with market context.

Two contiguous parcels totaling 2.9 acres form a commercial land site on Olde Worthington Road in Westerville. The property includes two existing dwellings, both rented on a month-to-month basis. A prior medical development advanced substantially through the approval process but did not proceed after timing concerns arose.

The site is near Polaris, I-71, major employers, medical and retail services, and surrounding residential growth. Orange Township has indicated interest in redevelopment and receptiveness to suitable proposals, subject to zoning and required approvals. Potential concepts mentioned include commercial, medical, office, retail, hospitality, condominium, and mixed-use development; buyers should verify zoning, permitted uses, utilities, and development requirements with the township.

Key Highlights

  • Two contiguous parcels totaling 2.9 acres
  • Two existing dwellings are rented month‑to‑month
  • Near Polaris, I‑71, major employers, medical and retail services, and residential growth

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Storage Facility Garden Center Kitchen & Bath Showroom Parking Lot & Garage Grocery & Convenience Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

995
Businesses Nearby

Demographics for 43082, OH

32,459
Population
12,915
Households
2.5
Avg Household Size
44
Median Age
68%
College-Educated
98%
High-School Grad
20.9 sq mi
ZIP Area
1,553
Density / Sq Mi
$147,188
Median Household Income
$73,670
Median Earnings
$1,696
Median Rent
$433,400
Median Home Value

Market

Properties on Market for Commercial land in Delaware County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Two rented dwellings provide interim use as plans for future development are considered.
Where is this commercial land located?
The property is located at 8521-8559 Olde Worthington Road Westerville, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two contiguous parcels totaling 2.9 acres; Two existing dwellings are rented month‑to‑month; Near Polaris, I‑71, major employers, medical and retail services, and residential growth
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