10087 Johnstown Road, New Albany, OH 43054

$1,500,000
Property Type: Land/Farm Square Footage: 2,074 Lot Size (sq. ft.): 83,635 Status: Active
Current Price: $1,500,000 List Date: 10/14/2024 Last Modified: 9/24/2025

Description

ZONED COMMERCIAL. The US-62 Interchange plan has been adopted - 9/16/25. A development overlay has been adopted by the zoning board that permits for retail/commercial development on this parcel. Final approval required. Located in the New Albany US-62 retail corridor - serving The New Albany International Business Park (INTEL & more). This 1.92 acre parcel is located 0.6 miles from the 161/62 Interchange. 25k VPD on US-62 & 63K VPD on 161-Expwy west of US-62 (2022). Exponential growth in the immediate and surrounding area of this parcel is expected and happening now - within and near this retail corridor. Significantly limited land availability exists. All Utilities are across the street. Electric on site. Per; the Newley Adopted, Land Use Map - the parcel directly adjacent to the South (owner: The New Albany Company), proposes that a city street be added through that adjacent parcel - making the subject parcel a corner lot. Tremendous retail opportunity exists for this lot.

Supplements: ********

More Information MLS# 224001894

Location & Property Info

List Price/Acre: 781250 City (Mailing Addr): New Albany Corp LimitPerAuditor: New Albany

Office/Contract Info

For Sale: Yes Price Per Acre: 651000 For Exchange: No For Lease: No

General Property Info

Built Prior to 1978: Yes Lot Size (Side): 405 Traffic Count PerDay: 25000 Road Frontage: 206 Residential Dwelling/Other Structure Y/N: Yes # of Dwellings: 1 # of Buildings: 2 Building Sq Ft: 2074 Acreage: 1.92 SqFt ATFLS: 2074 Year Built: 1900

Tax Info

Zoning: Commercial Multiple Parcels: No Tax Abatement: No Taxes (Yrly): 7550 Tax Incentive: No Parcel #: 222-000612 Tax Year: 2024

Remarks & Misc

Property Description: ZONED COMMERCIAL. The US-62 Interchange plan has been adopted - 9/16/25. A development overlay has been adopted by the zoning board that permits for retail/commercial development on this parcel. Final approval required. Located in the New Albany US-62 retail corridor - serving The New Albany International Business Park (INTEL & more). This 1.92 acre parcel is located 0.6 miles from the 161/62 Interchange. 25k VPD on US-62 & 63K VPD on 161-Expwy west of US-62 (2022). Exponential growth in the immediate and surrounding area of this parcel is expected and happening now - within and near this retail corridor. Significantly limited land availability exists. All Utilities are across the street. Electric on site. Per; the Newley Adopted, Land Use Map - the parcel directly adjacent to the South (owner: The New Albany Company), proposes that a city street be added through that adjacent parcel - making the subject parcel a corner lot. Tremendous retail opportunity exists for this lot.

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

Construction

Block: 1 Brick: 1 Frame: 1

Sewer

Private Sewer: 1

Services Available

Electricity Available: 1

Alternate Uses

Commercial: 1 Office: 1

Auction Info

Auction/Online Bidding Y/N: No

MLS Primary PhotoSrc

Print Without Photo: 1

Location Property Info

Original List Price: 1250000 List Price: $1,500,000 Property Sub Type: Retail Street #: 10087 Street Name: Johnstown Street Suffix: Road County: Franklin State: OH Zip Code: 43054 Subdiv/Cmplx/Comm: Plain View Farms School District: NEW ALBANY PLAIN LSD 2508 FRA CO. Township: Plain

OfficeContract Info

Status: Active MLS Entry Date: 2024-01-22

Property Features

Addl Acceptance Cond: None Known Construction: Block; Brick; Frame Sewer: Private Sewer Services Available: Electricity Available Alternate Uses: Commercial; Office MLS Primary PhotoSrc: Print Without Photo
Listing Office: Keller Williams Greater Cols
Listing Agent: Aaron Graves
Last Updated: September - 24 - 2025
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