11
See all 11 photos
$7,800,000
Est. payment /mo
11.9 Acres Lot
New
10550 Johnstown Road New Albany, OH 43054
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Key Details
Property Type Vacant Land
Sub Type Development
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225045415
Annual Tax Amount $3,057
Lot Size 11.900 Acres
Lot Dimensions 11.9
Property Sub-Type Development
Source Columbus and Central Ohio Regional MLS
Property Description
There are 11.9 acres included in this 7-parcel assemblage, 6 of which have single-family homes currently occupied. Constraints surrounding the five-points intersection calls for the city to work proactively with ODOT to
acquire sufficient right-of-way to ensure that improvements remain consistent with the
character of New Albany and the surrounding unincorporated areas within
Plain Township. While the city owns two parcels near the intersection, only one has
immediate frontage along US-62. The other surrounding parcels are privately
owned. Properties are currently zoned residential. The city has delineated this area as the 'Five Points Gateway' (see page 120 of the city's Focus Area Plan dated September 2025). Website detailed in Agent to Agent comments.
The intersection is a major traffic node with safety and congestion challenges. Improvements require additional right‑of‑way (ROW) to accommodate roadway changes, pedestrian infrastructure, and streetscape enhancements.
Without ROW acquisition, upgrades could be limited or inconsistent with New Albany's design standards. The city underscores how infrastructure planning, land ownership, and intergovernmental coordination intersect. It's not just about traffic—it's about shaping the identity and livability of New Albany's growth corridor.
acquire sufficient right-of-way to ensure that improvements remain consistent with the
character of New Albany and the surrounding unincorporated areas within
Plain Township. While the city owns two parcels near the intersection, only one has
immediate frontage along US-62. The other surrounding parcels are privately
owned. Properties are currently zoned residential. The city has delineated this area as the 'Five Points Gateway' (see page 120 of the city's Focus Area Plan dated September 2025). Website detailed in Agent to Agent comments.
The intersection is a major traffic node with safety and congestion challenges. Improvements require additional right‑of‑way (ROW) to accommodate roadway changes, pedestrian infrastructure, and streetscape enhancements.
Without ROW acquisition, upgrades could be limited or inconsistent with New Albany's design standards. The city underscores how infrastructure planning, land ownership, and intergovernmental coordination intersect. It's not just about traffic—it's about shaping the identity and livability of New Albany's growth corridor.
Location
State OH
County Franklin
Area 11.9
Zoning R
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools New Albany Plain Lsd 2508 Fra Co.
School District New Albany Plain Lsd 2508 Fra Co.
Others
Tax ID 222-000400
Listed by Darlene M Kuzmic Parker Realty Associates
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