10550 Johnstown Road New Albany, OH $ 7,800,000
10550 Johnstown Road
$ 7,800,000
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10550 Johnstown Road

New Albany, OH, 43054
$ 7,800,000
Baths0.0

Monthly Estimate*

$ 48,662

10550 Johnstown Road, New Albany, OH 43054 - Image 1
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10550 Johnstown Road, New Albany, OH 43054 - Image 5
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10550 Johnstown Road, New Albany, OH 43054 - Image 11
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Studio

Lots and Land for sale in New Albany, OH

for $7,800,000. The lot size is 11.9.

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.

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Lots and Land Active

Price

$ 7,800,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 36,120

Style

Lot Size

11.9

Town/City

New Albany

County/Region

Franklin

MLS | Web ID

5177123

Features
General
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
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
Property Sub Type Additional Unimproved Land
Legal Description Various Parcels with various legal descriptions
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Interior
Main Level Bathrooms 0
Total Baths 0
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Exterior
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
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* Excluded Features
List By
Darlene M Kuzmic

Listing Agent

Parker Realty Associates

Broker

darlenekuzmic@gmail.com

Email

Affordability Calculator

$51,672
Per Month
94%
6%
0%
Monthly Principal & Interest
$48,662
Monthly Property Taxes
$3,010
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$7,800,000 Listed Price

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10550 Johnstown Road, New Albany, OH, 43054 is a Lots and Land for sale at $7,800,000 with a lot size of 11.9. 10550 Johnstown Road is a studio with 0.0 baths. The property's zip code is 43054 which is in New Albany, OH