Address
10550 Johnstown Road, New Albany, OH
Price
$ 7,800,000
Property Attributes
- MLS#5177123
- TypeLand
- Listing Status Active
- CountyFranklin
- CityNew Albany
- NeighborhoodUsm Land
- Zip43054
- Style
- Taxes$ 36120
- Price$ 7,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size11.9 Acres
Data Source:
MLSNow
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.
| Price History | |
|---|---|
| 12/12/2025 | Listed $7,800,000 |
General Features
| Sewer | None |
|---|---|
| Utilities | Sewer Not Available,Water Not Available |
| Possession | Negotiable |
| Township | Plain Twp |
| Property Subtype | Unimproved Land |
| Tax Year | 2024 |
| Additional Parcels Description | 222-000330-00,222-000396-00,222-000379-00,222-000644-00 & 222-000311-00 |
| County | Franklin |
| Property Type | Land |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Usm Land |
| Status | Active |
| Directions | Between Central College & Forest Drive |
| ModificationTimestamp | 2026-01-07T14:35:13.397-00:00 |
| City | New Albany |
| High School District | New Albany-Plain LSD - 2508 |
| Lot Size Units | Acres |
| Tax Annual Amount | 36120.98 |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | New Albany-Plain LSD - 2508 |
| Elementary School District | New Albany-Plain LSD - 2508 |
| Virtual Tour | https:// |
| Property Sub Type Additional | Unimproved Land |
| Legal Description | Various Parcels with various legal descriptions |
Exterior Features
| Parking Features | None |
|---|---|
| Water Source | None |
| Lot Size Area | 11.9 |
| Lot Size Acres | 11.9 |
| Lot Size Source | Public Records |
| Number of Lots | 7 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 43054
Price
Taxes
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