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Corner Lot Commercial Land Site

121 Miller Ave, New Albany, OH 43054

For Lease
$165,000

Corner commercial lot with high visibility at a major intersection, suited for retail or other commercial development.

Space SizeContact for details
Days on Market140

Property Features for 121 Miller Ave

General Information

Standard status Active
Property subtype Land
Lease Term Ground

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 121 Miller Ave
New Albany Land $165,000/Yr
Type Retail
Term Negotiable
Contact us
Listing Agency: Capitol Equities Realty
Listed By: J.R. Kern · License OH #2001010337
Source: Capitolequities
Added: Jun 25 Changed: Nov 7 Last Checked: Nov 10 at 5:24AM

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 Capitol Equities Realty

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Investment Insights

Based on property information with market context.

121 Miller Ave is a corner lot commercial land parcel offered for rent, positioned for high-visibility development. The site is described as suitable for retail or commercial development and provides room for customization and expansion based on the tenant’s plan.

The property is located at the intersection of Main St (Rte 62) and Miller Ave, with access to Route 161 less than 0.4 miles from the site. Public remarks also note adjacency to the historic downtown district and the New Albany Schools Campus, placing the parcel within an area that is described as benefiting from major local development tied to the $20 Billion Intel chip factory.

This location and corner configuration can support tenants looking to establish or expand a retail or commercial presence with strong intersection exposure. The terms include that the tenant will pay any tenant-broker fees related to this deal.

Key Highlights

  • Corner commercial lot with high visibility at the intersection of Main St (Rte 62) and Miller Ave
  • Adjacent to the historic downtown district and New Albany Schools Campus
  • Route 161 access is less than 0.4 miles from the site

Property Analytics

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Open Analytics

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility Auto Repair Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

570
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Franklin County

Jul
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner commercial lot with high visibility at a major intersection, suited for retail or other commercial development.
Where is this commercial land located?
The property is located at 121 Miller Ave New Albany, OH.
What is the lease rate?
The lease rate is $165,000.
What are key features of this property?
This property features: Corner commercial lot with high visibility at the intersection of Main St (Rte 62) and Miller Ave; Adjacent to the historic downtown district and New Albany Schools Campus; Route 161 access is less than 0.4 miles from the site
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