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    7425 New Albany Condit Rd New Albany, OH 43054

    For Sale
    $400,000

    Land within a fully developed international business park.

    Lot size:
    3.02 Acres

    Property Features for 7425 New Albany Condit Rd

    General Information

    Lot size
    3.02 Acres

    Source: Coldwell Banker Commercial - Aspire Realty Services | Columbus Agent Chris Howard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in New Albany Business Park

    The property is located within the New Albany International Business Park, which spans over 4,000 acres and features over 10 million square feet of developed space. The park is home to over 15,000 employees. Residential neighborhoods are located throughout the community. The area provides amenities such as hotels, restaurants, grocery stores, specialty and convenience retail options, fitness facilities, cultural facilities, and parks. Additional area developments include Facebook’s complex, planned to reach 1.5 million square feet, Google’s 275,000-square-foot data center on 447 acres, and Intel's planned chip manufacturing project.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Hair Salon Nail Salon Hotel & Motel Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Franklin
    State
    Ohio
    Longitude
    -82.810887
    Latitude
    40.109454

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    FAQs

    What type of property is this?
    Land - Land within a fully developed international business park.
    Where is this land located?
    The property is located at 7425 New Albany Condit Rd New Albany, OH.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Located within the New Albany International Business Park, spanning over 4,000 acres with over 10 million SF developed and 15,000+ employees.; - Proximity to major developments including Facebook (1.5 million SF), Google (275,000 SF data center on 447 acres), and Intel ($20 billion+ chip manufacturing project).; - Access to numerous amenities such as hotels, restaurants, grocery stores, specialty retail, fitness, cultural facilities, and parks.
    (614) 264-6801
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    7425 New Albany Condit 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
    7425 New Albany Condit Rd New Albany, OH 43054
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