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    Development Land For Sale New Albany, OH 43031

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    For Sale
    $2,555,000

    7.3-acre industrial land in thriving New Albany business corridor.

    Property size:
    7 SF
    Lot size:
    7.30 Acres

    Property Features for Development Land For Sale

    General Information

    Size
    7 SF
    Lot size
    7.30 Acres

    Source: Todd Spencer, SIOR, CCIM Agent Todd Spencer, SIOR, CCIM

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

    Overview

    New Albany Industrial Development Land

    This 7.3-acre industrial property is located on Innovation Campus Way in New Albany, Ohio. Situated in a thriving business corridor, the site offers visibility and access in a growing industrial market. Its location provides proximity to major transportation routes and Intel Ohio One, approximately 3.3 miles away. The property is suitable for manufacturing, distribution, and other industrial uses. Utilities and infrastructure are readily available. Potential real estate tax abatement is available.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    New Albany
    County
    Franklin
    State
    Ohio
    Longitude
    -82.6664
    Latitude
    40.1611

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    FAQs

    What type of property is this?
    Land - 7.3-acre industrial land in thriving New Albany business corridor.
    Where is this land located?
    The property is located at Development Land For Sale New Albany, OH.
    What is the asking price?
    The asking price for this property is $2,555,000.
    What are key features of this property?
    This property features: - Strategic location in New Albany's thriving business corridor.; - Close proximity (3.3 miles) to Intel Ohio One.; - Readily available utilities and infrastructure.
    (614) 327-0258
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    Development Land For Sale New Albany, OH 43031
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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
    Development Land For Sale New Albany, OH 43031
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