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    Morse Rd SW New Albany, OH 43054

    Pending
    For Sale
    $1,400,000

    LAND - New Albany, OH

    Lot size:
    13.79 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for Morse Rd SW

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    APN
    220-000877
    Lot size
    13.79 Acres

    Utilities

    Utilities
    Electricity Available

    e-Merge Real Estate (614) 678-5505 [email protected]

    Listing agent Michelle L Smith (614) 374-3119

    Listing date Oct 27, 2025

    MLS# 225019995 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

    Land in New Albany, OH

    This 13.79-acre land parcel is located in New Albany, Ohio. The property is bordered by mature trees, offering a private setting. The site is accessible via a 60-foot entrance from Morse Road. It is suitable for an executive homesite or potential multi-family development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    New Albany
    County
    Franklin
    State
    Ohio
    Longitude
    -82.785243
    Latitude
    40.054115

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    FAQs

    What type of property is this?
    Land - 13.79 acre land parcel suitable for residential development.
    Where is this land located?
    The property is located at Morse Rd SW New Albany, OH.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Potential for multi-family development; - Executive homesite opportunity; - Private parcel with a mature tree border
    (614) 374-3119
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    Morse Rd SW 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
    Morse Rd SW New Albany, OH 43054
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