Multi-Parcel Residential Land
For Sale
$7,800,000
10550 Johnstown Road, New Albany, OH 43054
Seven-parcel residential assemblage totaling 11.9 acres, with six occupied single-family homes and frontage limited near the intersection.
Property SizeContact for details
Lot Size11.90 Acres
Days on Market240
Property Features for 10550 Johnstown Road
General Information
Standard status
Active
Lot size
11.90 Acres
Property subtype
Unimproved Land
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$36,120
Listing Agency:
Parker Realty Associates
(614) 531-2050
Listed By:
Darlene M Kuzmic · License #2003014154
Source:
Asacoxhomes
Added: Dec 12, 2025
Changed: Aug 8
Last Checked: Jun 26 at 12:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Parker Realty Associates
Investment Insights
Based on property information with market context.
This listing offers a seven-parcel residential land assemblage totaling 11.9 acres. Six of the parcels include currently occupied single-family homes, while the remaining parcels are part of the overall assemblage.
The area is identified by the city as the “Five Points Gateway,” located at a major five-points intersection and described as a key traffic node with safety and congestion challenges. Public remarks note that city infrastructure planning may require additional right-of-way acquisition to accommodate roadway changes, pedestrian infrastructure, and streetscape enhancements.
Properties are currently zoned residential. The city owns two parcels near the intersection, but only one has immediate frontage along US-62; the surrounding parcels are privately owned. Public remarks also reference ongoing coordination between the city and ODOT to secure sufficient right-of-way so improvements remain consistent with the character of New Albany and nearby unincorporated areas within Plain Township.
The area is identified by the city as the “Five Points Gateway,” located at a major five-points intersection and described as a key traffic node with safety and congestion challenges. Public remarks note that city infrastructure planning may require additional right-of-way acquisition to accommodate roadway changes, pedestrian infrastructure, and streetscape enhancements.
Properties are currently zoned residential. The city owns two parcels near the intersection, but only one has immediate frontage along US-62; the surrounding parcels are privately owned. Public remarks also reference ongoing coordination between the city and ODOT to secure sufficient right-of-way so improvements remain consistent with the character of New Albany and nearby unincorporated areas within Plain Township.
Key Highlights
- 7‑parcel residential assemblage totaling 11.9 acres
- Six of the parcels include currently occupied single‑family homes
- Properties are zoned residential
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
Explore this area
Business Placement
Demographics for 43054, OH
27,781
Population
11,577
Households
2.4
Avg Household Size
36
Median Age
65%
College-Educated
97%
High-School Grad
25.7 sq mi
ZIP Area
1,081
Density / Sq Mi
$139,679
Median Household Income
$75,539
Median Earnings
$1,808
Median Rent
$483,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Seven-parcel residential assemblage totaling 11.9 acres, with six occupied single-family homes and frontage limited near the intersection.
Where is this residential land & home lot located?
The property is located at 10550 Johnstown Road New Albany, OH.
What is the asking price?
The asking price for this property is $7,800,000.
What are key features of this property?
This property features: 7‑parcel residential assemblage totaling 11.9 acres; Six of the parcels include currently occupied single‑family homes; Properties are zoned residential
