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8521-8559 Olde Worthington Road, Westerville, OH 43082

New Listing
$1,500,000
Property Type: Land/Farm Lot Size (sq. ft.): 126,324 Status: Active
Current Price: $1,500,000 List Date: 9/04/2026 Last Modified: 9/04/2026

Overview

Description

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. ...

Listing Details MLS# 226033661

Location Property Info

Original List Price
1500000
Property Sub Type
Residential Land
Street #
8521-8559
Street Name
Olde Worthington
Street Suffix
Road
County
Delaware
State
OH
Zip Code
43082
School District
OLENTANGY LSD 2104 DEL CO.
Township
Orange

OfficeContract Info

MLS Entry Date
2026-09-04

General Property Info

Acreage
2.9
Previous Use
Residential
# of Dwellings
2
# of Buildings
2
Built Prior to 1978
No

Tax Info

Parcel #
318-443-01-001-000
Zoning
Fr-1
Multiple Parcels
Yes
Addl Parcel Numbers
318-443-01-002-000
Tax Year
2025
Tax Abatement
No
Taxes (Yrly)
15523
Tax Incentive
No

Expenses

R.E. Taxes
15523

Auction Info

Auction/Online Bidding Y/N
No

More Information

Location & Property Info

List Price/Acre
517241.38
City (Mailing Addr)
Westerville
Corp LimitPerAuditor
Delaware

Office/Contract Info

For Sale
Yes
Price Per Acre
517
For Exchange
No
For Lease
No

Remarks & Misc

Property Description
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.

Income/Expenses

Gross Income
4000
Net Operating Income
1293
Total Expenses
2707

Addl Acceptance Cond

None Known
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Lot Characteristics

Pond on Lot
Yes
Sloped
Yes
Water View
Yes
Wooded
Yes

Alternate Uses

Commercial
Yes
Industrial
Yes
Multi-Family
Yes
Office
Yes
Residential
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Lot Characteristics: Pond on Lot; Sloped; Water View; Wooded Alternate Uses: Commercial; Industrial; Multi-Family; Office; Residential MLS Primary PhotoSrc: Realtor Provided
Listing Office: Keller Williams Consultants
Listing Agent: Ashley Gale
Last Updated: September - 04 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.
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