10550 Johnstown Road, New Albany, OH 43054
New Listing
$7,800,000
Property Type:
Land/Farm
Lot Size (sq. ft.):
518,364
Status:
Active
Current Price:
$7,800,000
List Date:
12/12/2025
Last Modified:
12/13/2025
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.
Supplements: ********
More Information MLS# 225045415
Location & Property Info
List Price/Acre: 655462.18
City (Mailing Addr): New Albany
Corp LimitPerAuditor: New Albany
Office/Contract Info
For Sale: Yes
For Exchange: No
For Lease: No
General Property Info
Minimum Acreage: 11.9
Maximum Acreage: 11.9
Built Prior to 1978: Yes
Residential Dwelling/Other Structure Y/N: Yes
# of Dwellings: 6
Acreage: 11.9
Tax Info
Zoning: R
Multiple Parcels: Yes
Addl Parcel Numbers: 222-000330-00, 222-000396-00, 222-000379-00, 222-000644-00, 222-000378-00, 222-000311-00
Tax Abatement: No
Taxes (Yrly): 3057
Parcel #: 222-000400
Tax Year: 2024
Remarks & Misc
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.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 7800000
List Price: $7,800,000
Property Sub Type: Development
Street #: 10550
Street Name: Johnstown
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43054
School District: NEW ALBANY PLAIN LSD 2508 FRA CO.
Township: Plain
OfficeContract Info
Status: Active
MLS Entry Date: 2025-12-11
Property Features
Addl Acceptance Cond: None Known
Services Available: Electricity Available; Natural Gas Available
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Parker Realty Associates
Listing Agent:
Darlene M Kuzmic
Last Updated: December - 13 - 2025
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