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    Walnut St New Albany, OH 43054

    • Land
    For Sale
    View listing
    $3,385,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Walnut St

    Year built
    1982
    Property type
    Land

    Description

    This exceptional 21.9-acre property in New Albany, Ohio, presents a unique opportunity. Located on E Walnut St, this expansive parcel (958,320 sq ft) offers a tranquil, secluded setting just 2.25 miles from New Albany's city center and top-rated schools. Enjoy convenient access to major employers like Intel, Google, Meta, and Amazon (within 5 miles), the airport (15 minutes), and downtown Columbus (20 minutes). The property includes three parcels and features a gently rolling landscape, creating a private, nature-filled oasis. An existing house is on the property, and a $150,000 renovation allowance is offered, allowing for customization to your preferences. Whether you envision building a new home or renovating the existing structure, this location provides the perfect blend of peaceful country living and proximity to urban amenities. The asking price is $3,385,000. The property was built in 1982. This is a combined commercial and residential zoned property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Franklin
    State
    Ohio
    Longitude
    -82.7894
    Latitude
    40.1118

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    Walnut St
    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
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