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    10937 Johnstown Rd New Albany, OH 43054

    For Sale
    $1,200,000
    Added:
    Dec 11, 2024
    Days on Market:
    363

    Property Features for 10937 Johnstown Rd

    General Information

    Property type
    Land
    Lot Size
    532,216 SF

    HighLights

    • 12.218 acres in New Albany, OH.
    • Lot dimensions: 343' frontage x 1732' average depth.
    • 2,302 sq ft two‑story home with attached two‑car garage.
    • 1.25‑acre fenced rear yard.
    • 720 sq ft detached outbuilding (24'x30'): studio/game room with workshop/storage.
    • 768 sq ft wood barn (24'x32') with loft.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Kitchen & Bath Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Franklin
    State
    Ohio
    Longitude
    -82.7769434
    Latitude
    40.1080517

    Nearby Comparable

    • $950,000

      New Albany Acreage with Home

      Spacious 12.218-acre property with home, barn, and outbuilding.
      10937 Johnstown Rd, New Albany, OH 43054
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    • $3,385,000

      New Albany Land: 22 Acres, $3.385M

      Prime Ohio land, build your dream home!
      0 Walnut St, New Albany, OH 43054
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    • $225,000

      New Albany Land: Build Your Dream Home

      Prime 12,197 sq ft lot in desirable location.
      7615 Steeplechase Ln, Westerville, OH 43054
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    • $400,000

      Prime Westerville Acre Lot

      Wooded 1-acre lot, buildable, near parks
      8610 Steeple Wood Dr, Westerville, OH 43054
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      High Bay Office and Warehouse For Sale

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    FAQs

    Where is this land located?
    The property is located at 10937 Johnstown Rd New Albany, OH.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 12.218 acres in New Albany, OH.; Lot dimensions: 343' frontage x 1732' average depth.; 2,302 sq ft two-story home with attached two-car garage.
    (614) 554-4408
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    10937 Johnstown 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
    10937 Johnstown Rd New Albany, OH 43054
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