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Land for Sale in New Albany, Ohio

10550 Johnstown Rd, New Albany, OH 43054

$7,800,000
11.9 acres
Active sale
Est $53,164/mo

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 rightofway (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

Street address
10550 Johnstown Rd
Zip code
43054
School district
New Albany Plain LSD 2508 Fra Co.
Elevation
1,094 feet
Coordinates
40.0958, -82.7815

Property details

Acreage
11.9 acres
Zoning
R
MLS #
CCOMLS 225045415
Posted

Property taxes

2024
$3,057

Parcels

  • 222-000400

Property utilities

CategoryTypeStatus
PowerGridAvailable

Listing history

DateEventPriceChangeSource
Sept 1, 2026New listing$7,800,000CCOMLS
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This 11.9-acre property is located at 10550 Johnstown Rd in New Albany, OH 43054. The land is available for sale, priced at $7,800,000 — $655,462 per acre.

Listed by Parker Realty Associates, (614) 783-2636

Checked 2 hours agoUpdated Source

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