11048 Johnstown Road, New Albany, OH 43054

$395,000
Property Type: Land/Farm Lot Size (sq. ft.): 86,249 Status: Active
Current Price: $395,000 List Date: 5/22/2025 Last Modified: 7/18/2025

Description

Rare opportunity to purchase property in New Albany School District zoned for a duplex. This site is located ~3 miles (roughly a 5 minute drive) from the Intel site and is within ~5 miles of three wedding venues. Recently approved zoning change allows for a duplex to be constructed on the site. Seller intended to construct a 'barndominium' style duplex for mid-term or short-term rental. The architectural plans for the building will convey with the sale. Site may also be developed as a single family residence or used for personal storage or shop space. Curb cuts providing direct access to both Walnut and State Route 62. Seller is licensed real estate agent in the state of Ohio.

Supplements: ********

More Information MLS# 225018043

Location & Property Info

List Price/Acre: 199494.95 City (Mailing Addr): New Albany Corp LimitPerAuditor: None

Office/Contract Info

For Sale: Yes For Exchange: No For Lease: No

General Property Info

Built Prior to 1978: No Residential Dwelling/Other Structure Y/N: No Acreage: 1.98

Tax Info

Zoning: Multifamily Multiple Parcels: No Tax Abatement: No Taxes (Yrly): 2140 Parcel #: 220-000011 Tax Year: 2024

Remarks & Misc

Property Description: Rare opportunity to purchase property in New Albany School District zoned for a duplex. This site is located ~3 miles (roughly a 5 minute drive) from the Intel site and is within ~5 miles of three wedding venues. Recently approved zoning change allows for a duplex to be constructed on the site. Seller intended to construct a 'barndominium' style duplex for mid-term or short-term rental. The architectural plans for the building will convey with the sale. Site may also be developed as a single family residence or used for personal storage or shop space. Curb cuts providing direct access to both Walnut and State Route 62. Seller is licensed real estate agent in the state of Ohio.

Income/Expenses

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

Addl Acceptance Cond

None Known: 1

Water Source

Well: 1

Sewer

Private Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1

Lot Characteristics

Stream On Lot: 1 Wooded: 1

Alternate Uses

Multi-Family: 1 Residential: 1

Auction Info

Auction/Online Bidding Y/N: No

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 450000 List Price: $395,000 Property Sub Type: Multi-Family Land Street #: 11048 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: 2025-05-22

Property Features

Addl Acceptance Cond: None Known Water Source: Well Sewer: Private Sewer Services Available: Electricity Available; Natural Gas Available Lot Characteristics: Stream On Lot; Wooded Alternate Uses: Multi-Family; Residential MLS Primary PhotoSrc: Realtor Provided
Listing Office: New Albany Realty, LTD
Listing Agent: Robert J Riddle
Last Updated: July - 18 - 2025
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