I could very easily see some kind of Sesame park using some of the land. And I wouldn’t blame SEAS if they wanted a piece of the Ohio theme park tourism market. But if they were to (re)build SeaWorld Ohio or another BG park on the land, I’m not sure how it would compete with KI or CP. It would take years of theming and development to come up with a park that could even slightly compete. I will say that the animals that SEAS can offer (whether at a SW or BG park) made SWO successful prior to the Six Flags mega park - mainly because it offered something different from other parks nearby. That being said, I could see some kind of a Sesame (second gate) and Busch park going here; with the right theming, animals, and infrastructure, I think it could give CF some good competition in the area.
Think about an Asian Busch Gardens park with animals, shows, music, walkthrough gardens and exhibits, and coasters: a Mack Extreme Spinner, An S&S Axis, a raptor, and a SkyRocket II to start, along with a small flat ride package. Possibly a hotel on-site. There’s potential here to undo the wrongs committed by SF and CF at Geauga Lake.