2
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$6,490,000
Est. payment /mo
29.28 Acres Lot
Price Dropped by $5.6M
165 Worth Drive Buckeye Lake, OH 43008
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Key Details
Property Type Vacant Land
Sub Type Development
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225007629
Lot Size 29.280 Acres
Lot Dimensions 29.28
Property Sub-Type Development
Source Columbus and Central Ohio Regional MLS
Property Description
One of Central Ohio's most exciting mixed-use development opportunities has been repositioned for today's market. Located at the I-70 / SR-79 interchange in Buckeye Lake, this fully approved PMUD is now available as three separately purchasable development parcels totaling approximately 26.962 acres, with a combined asking price of $9,485,000.
Develop one parcel or create an entire destination.
SUBAREA A | RETAIL VILLAGE | 4.57 ACRES | $1,995,000
Positioned for restaurants, coffee and quick-service concepts, boutique and service retail, outdoor dining and entertainment.
SUBAREA B | COMMERCIAL / HOSPITALITY | 14.57 ACRES | $4,495,000
The largest component of the development, offering opportunities for hospitality, restaurants, entertainment, office, medical, mixed-use commercial, conference/event space and other compatible uses within the approved PMUD.
SUBAREA C | MULTIFAMILY | 7.822 ACRES | $2,995,000
Approved for up to 180 multifamily units, creating an opportunity for market-rate apartments, luxury rentals, active-adult housing or another compatible multifamily concept.
What makes this site especially compelling is its combination of interchange visibility, approved development rights and location within the rapidly growing Licking County market--while sitting just minutes from the lifestyle and recreation of Buckeye Lake.
Buckeye Lake itself is changing. What was once viewed primarily as a seasonal destination has increasingly become a year-round community, with new residential investment, substantial homes, restaurants, recreation and continued development throughout the lake area.
The site is also positioned within the broader Central Ohio growth corridor, with convenient access to Columbus, Newark, New Albany and the expanding employment and technology investments throughout Licking County.
Potential TIF and CRA incentives may also be available. The property is represented as being outside the FEMA flood zone, an important advantage
Develop one parcel or create an entire destination.
SUBAREA A | RETAIL VILLAGE | 4.57 ACRES | $1,995,000
Positioned for restaurants, coffee and quick-service concepts, boutique and service retail, outdoor dining and entertainment.
SUBAREA B | COMMERCIAL / HOSPITALITY | 14.57 ACRES | $4,495,000
The largest component of the development, offering opportunities for hospitality, restaurants, entertainment, office, medical, mixed-use commercial, conference/event space and other compatible uses within the approved PMUD.
SUBAREA C | MULTIFAMILY | 7.822 ACRES | $2,995,000
Approved for up to 180 multifamily units, creating an opportunity for market-rate apartments, luxury rentals, active-adult housing or another compatible multifamily concept.
What makes this site especially compelling is its combination of interchange visibility, approved development rights and location within the rapidly growing Licking County market--while sitting just minutes from the lifestyle and recreation of Buckeye Lake.
Buckeye Lake itself is changing. What was once viewed primarily as a seasonal destination has increasingly become a year-round community, with new residential investment, substantial homes, restaurants, recreation and continued development throughout the lake area.
The site is also positioned within the broader Central Ohio growth corridor, with convenient access to Columbus, Newark, New Albany and the expanding employment and technology investments throughout Licking County.
Potential TIF and CRA incentives may also be available. The property is represented as being outside the FEMA flood zone, an important advantage
Location
State OH
County Licking
Area 29.28
Zoning Interchange Com
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Lakewood Lsd 4504 Lic Co.
School District Lakewood Lsd 4504 Lic Co.
Others
Tax ID 074-335568-00.000
Virtual Tour https://www.dropbox.com/scl/fi/fxotgbra4g9ngp4gwi7ns/BuckeyeLakeVideoFinal.mov?rlkey=1jxcxyrybwvusi02u1gefs2y3&e=1&dl=0
Listed by Rudolph V Stefanitsis Red 1 Realty
NEARBY SCHOOL & BUSINESS
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