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10550 Johnstown RoadNew Albany, OH 43054

$7,800,000 Active
Land - Lot/Land MLS 5177123
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Listed By

Agency Name: Parker Realty Associates
Agency Contact: 614-987-5178, gainga1@yahoo.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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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.

10550 Johnstown Road | MLS# 5177123

This land located at 10550 Johnstown Road, New Albany, OH 43054 is currently listed for sale with an asking price of $7,800,000. The property has approximately 11.90 Acres. Johnstown Road is located within the New Albany-Plain Local school district. Search New Albany real estate on www.cutlercigroup.com today.

Property Features

Property Type: Land - Lot/Land
Days on Market: 26
Lot Size: 11.90 Acres
Taxes: $36,120 / year

Feature Descriptions

Parcel#: 222-000400
Parking: None
Sewer: None
Utilities: Sewer Not Available, Water Not Available
Water: None

Local Schools

School District: New Albany-Plain Local

Estimate Your Payment

Estimated Payment

$ 43,341.25 per month $38,056.25 Principal & Interest $3,010.00 Property Tax $2,275.00 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage

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