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    10087 Johnstown Rd New Albany, OH 43054

    For Sale
    $1,500,000

    LAND - New Albany, OH

    Type:Retail
    Property size:
    2,074 SF
    Lot size:
    1.92 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for 10087 Johnstown Rd

    General Information

    Property type
    Land
    Property subtype
    Retail
    Standard status
    Active
    APN
    222-000612
    Size
    2,074 SF
    Lot size
    1.92 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Private Sewer

    Building Details

    Year built
    1900

    Keller Williams Greater Columbus Realty (614) 944-5900 [email protected]

    Listing agent Aaron J Graves (740) 974-6831

    Listing date Sep 24, 2025

    MLS# 224001894 Listing URL

    Copyright © 2025 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Growing Corridor

    This 1.92-acre commercial land parcel is located in the New Albany US-62 retail corridor, serving The New Albany International Business Park. The property is situated 0.6 miles from the 161/62 Interchange. The US-62 Interchange plan has been adopted with a development overlay permitting retail/commercial development on this parcel, final approval is required. Traffic counts in 2022 showed 25,000 vehicles per day on US-62 and 63,000 vehicles per day on 161 Expressway west of US-62. Exponential growth is expected in the immediate and surrounding area of this retail corridor. Land availability is significantly limited. All utilities are located across the street, and electric service is available on site. According to the newly adopted Land Use Map, the parcel directly adjacent to the south proposes the addition of a city street through that adjacent parcel, potentially making the subject parcel a corner lot. This location presents a retail opportunity. The property is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Franklin
    State
    Ohio
    Longitude
    -82.788108
    Latitude
    40.09323

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    FAQs

    What type of property is this?
    Commercial land - 1.92 acre commercial land parcel in New Albany, OH.
    Where is this commercial land located?
    The property is located at 10087 Johnstown Rd New Albany, OH.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Zoned Commercial with adopted development overlay permitting retail/commercial development; - Located in the New Albany US-62 retail corridor, serving the New Albany International Business Park (INTEL & more); - High traffic volume: **25k VPD on US-62 & 63K VPD on 161-Expwy** west of US-62 (2022)
    (740) 974-6831
    Request Owner's contact information
    10087 Johnstown Rd New Albany, OH 43054
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    New Albany, OH 43054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10087 Johnstown Rd New Albany, OH 43054
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