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    New Albany-Condit Rd New Albany, OH 43054

    For Sale
    $400,000

    3.02 acres near New Albany International Business Park.

    Property size:
    3 SF
    Lot size:
    3.02 Acres

    Property Features for New Albany-Condit Rd

    General Information

    Zoning
    IPUD - Infill Planned Unity Development
    Size
    3 SF
    Lot size
    3.02 Acres

    Source: Chris Howard Agent Chris Howard

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

    Overview

    Land Near Business Park

    This property features approximately 3.02 acres of land zoned for Infill Planned Unity Development. It is situated on New Albany-Condit Road, adjacent to Nottingham Boulevard and the Nottingham Trace neighborhood. The location is less than one mile north of Central College Road and 1.5 miles from State Route 161. The property is located within the New Albany International Business Park, which spans over 4,000 acres and includes over 10 million square feet of developed space, employing over 15,000 people. Residential neighborhoods are located throughout the community. The surrounding area offers amenities such as hotels, restaurants, grocery stores, specialty retail, convenience retail, fitness facilities, cultural facilities, and parks. Additional area developments include Facebook's complex reaching 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

    Map

    City
    New Albany
    County
    Franklin
    State
    Ohio
    Longitude
    -82.7998
    Latitude
    40.0871

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    FAQs

    What type of property is this?
    Land - 3.02 acres near New Albany International Business Park.
    Where is this land located?
    The property is located at 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, a large and established business hub.; - Close proximity to major developments including Facebook's complex, Google's data center, and Intel's planned chip manufacturing project.; - Zoned Infill Planned Unity Development on ±3.02 acres.
    (614) 341-9800
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    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
    New Albany-Condit Rd New Albany, OH 43054
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