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980 Licking Valley Rd NE
Newark, OH 43055
21.15 Acres M-1 General Manufacturing Zoning · Land For Sale · 21.15 AC

Investment Highlights

  • Development Opportunity
  • General Business
  • General Manufacturing

Executive Summary

Outstanding opportunity to acquire 21.15 acres of commercially flexible land located across the street from 1017 Licking Valley Rd NE, Newark, OH 43055. Offers over 600 feet of road frontage along Licking Valley Rd NE, with electricity and natural gas available, making this a strong candidate for industrial, commercial, investment, or future development use.
Located in Madison Township, Licking County, the property is zoned M-1 General Manufacturing. The Madison Township zoning summary identifies M-1 for general manufacturing, warehousing and storage, light manufacturing, and heavy manufacturing subject to performance standards. The M-1 summary also shows a maximum height of 3 stories or 50 feet, with 40 foot front and rear yard requirements, 200 foot lot width, and 40,000 square foot lot area for manufacturing uses.
A major advantage of this site is the zoning flexibility. According to Article 12.1, as provided, M-1 allows any use permitted in the B-1 Business District under Uses Permitted. The Madison Township zoning summary identifies B-1 General Business uses as including retail stores, department stores, supermarkets, specialty shops, service and recreation, residence, and conditional uses.
The land is currently used as farmland and features a mostly flat topography with a slight roll, creating a versatile blank canvas for a wide range of potential uses. The seller reports no flood zone or wetlands, and both a Phase I and Phase II environmental study have already been completed, offering buyers valuable due diligence support upfront.
The location also benefits from proximity to the Licking Valley Local School District, with nearby schools shown approximately 0.6 miles to Licking Valley Middle School, 0.7 miles to Licking Valley Elementary School, and 0.8 miles to Licking Valley High School from the nearby 1017 Licking Valley Rd NE reference point. Bing directions also show the area to be approximately 0.97 miles, or about 2 minutes, from Licking Valley High School.
Positioned within the growing Licking County market, the property is also approximately a 30 minute drive to the Intel area, according to seller provided information. Intel’s New Albany and Licking County investment has been described as a $28 billion semiconductor project expected to create 3,000 Intel jobs, 7,000 construction jobs, and additional regional support jobs.
With over 21 acres, significant road frontage, M-1 zoning, General Business use flexibility, completed environmental studies, and access to electric and natural gas, this property is well positioned for developers, owner users, investors, contractors, storage users, light industrial operators, and commercial buyers seeking a strategic land position in the Newark and Licking County growth corridor.
Potential lot split opportunities may exist, but buyers should verify all split, zoning, utility, access, and development requirements directly with Madison Township and Licking County.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hold For Development
  • Hold For Investment
  • Industrial Live or Work Unit
  • Office Park
  • Planned Unit Development
  • Retail Warehouse
  • Self Storage
  • Single Family Development
  • Warehouse
Total Lot Size 21.15 AC

1 Lot Available

Lot

Price $1,100,000
Price Per AC $52,009.46
Lot Size 21.15 AC

Vacant Ag Land. 600+ Feet of Road Frontage

Description

Outstanding opportunity to acquire 21.15 acres of commercially flexible land. With over 600 feet of road frontage, electricity and natural gas available, makes this a strong candidate for industrial, commercial, investment, or future development use. The Madison Township zoning summary identifies M-1 for general manufacturing, warehousing and storage, light manufacturing, and heavy manufacturing subject to performance standards. This site offers the flexibility of B-1 Business permitted uses including retail stores, department stores, supermarkets, specialty shops, service and recreation, residence, and conditional uses. The land is currently used as farmland and features a mostly flat topography with a slight roll, creating a versatile blank canvas for a wide range of potential uses. Phase I and Phase II environmental study have already been completed, offering buyers valuable due diligence support upfront. Licking Valley Local School District less than 1 miles away. 30 minute drive to the Intel area. This property is well positioned for developers, owner users, investors, contractors, storage users, light industrial operators, and commercial buyers seeking a strategic land position in the Newark and Licking County growth corridor. Potential lot split opportunities may exist. Located across the street from 1017 Licking Valley Rd NE, Newark, OH 43055

Property Taxes

Property Taxes

Parcel Number
048-159426-01.000
Land Assessment
$62,510
Improvements Assessment
$0
Total Assessment
$62,510
  • Listing ID: 41158749

  • Date on Market: 7/3/2026

  • Last Updated:

  • Address: 980 Licking Valley Rd NE, Newark, OH 43055

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