10550 Johnstown RoadNew Albany, OH 43054

10550 Johnstown RoadNew Albany, OH 43054

1/27 Virtual Tour Fullscreen
$7,800,000 Active
Land - Lot/Land MLS 5177123

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 9590shawneetrail.cutlerhomes.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

Demographics

Franklin County Demographic Information for 10550 Johnstown Road, New Albany, OH 43054
Fips
Fips Code 39049
Population
2020 to 2023 Change up 0.2%
2010 Count 1,163,414
2020 Count 1,323,807
2023 Estimate (V2023) 1,326,063
2020 Estimate (V2023) 1,323,810
Age Distribution (Years Old)
0 to 4 6.5%
5 to 17 22.9%
18 to 64 57.4%
65 and Older 13.2%
Gender
Male 49.2%
Female 50.8%
Place of Birth
Foreign 12.0%
US 88.0%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 41.7%
Computer and Internet use
Households with a computer 95.9%
Households with a broadband Internet subscription 92.1%
Language
English is Second Language, Age 5+ 14.9%
English is First Language, Age 5+ 85.1%
Veterans
Veterans 56,845
Income
Per Capita Income $41,148
Median Household Income $71,070
People in Poverty 15.1%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 594,813
Households 542,366
Average Household Size 2.38
Owner-Occupied 53.5%
Multi-Family 36.6%
Owner-Occupied Median Value $243,100
Median selected monthly owner costs -with a mortgage $1,667
Median selected monthly owner costs -without a mortgage $685
Median gross rent $1,169
Building Permits
New Private Housing Issued 2023 7,303
Years at Residence
1 Year or More 82.6%
Less Than 1 Year 17.4%
Business and Employment
Private non-farm Establishments 30,187
Private non-farm Employment 642,630
Private non-farm Employment Growth up 0.4%
Nonemployer Establishments 117,491
Number of Firms 107,363
Business Production
Value of Shipments $13,796,060,000
Wholesale Trade $32,205,012,000
Retail Trade $25,665,382,000
Retail Sales Per Capita $17,887
Accommodation and Food Services $3,728,293,000
Land
Land Area 532.19 sq. miles
Population Per Square Mile 2,187

Source: US Census Bureau

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