Mixed-Use Redevelopment Site

445 E Dublin Granville Road Worthington, OH 43085

445 E Dublin Granville Road, Worthington, OH, 43085
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FOR SALE
Property Type:
Multifamily Land
Amount:
$5,575,000
Last Verified:
Oct 15, 2024

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Highlights

  • Contact Broker for Pricing Guidance
  • Buildable Acres: ±22.3 (Entire Parcel is 47.3 acres, Seller to retain portion as indicated within)
  • Frontage: ±698.66’ along SR-161 | ±988.42’ along east boundary
  • Zoning: S1 - Special Use
  • Utilities: All utilities including water and sanitary sewer to the site.

Description

NAI Ohio Equities is pleased to exclusively market for sale to interested users and developers the opportunity to acquire development land located within the highly desirable inner-ring suburb of Worthington, Ohio. The land is situated on a wooded campus that features natural topography, a nature reserve, and a stream running across the property, with the opportunity to potentially develop 22.3 acres. The land is located less than one mile from Old Worthington, which is an active community with numerous walkable amenities, and features frontage along the SR 161 corridor, as well as convenient access to major thoroughfares and freeways.

Seller and Agent hereby disclose that a Right of First Refusal exists on the property. Full recorded document can be found in the documents folder on property website. Prospective buyers are encouraged to review prior to submitting any offer.

The subject property is uniquely located within a desirable inner-ring suburb, with close proximity to Old Worthington, a bustling retail corridor with a lively mixed-use district and offers convenient access to major thoroughfares and freeways.

Building Size: 0sq ft
Lot Size: 22.3 acres


Documents

445 E Dublin Granville - Final - OM
Right of First Refusal.pdf

Map of 445 E Dublin Granville Road, Worthington, OH, 43085

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.