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    Babbitt Rd New Albany, OH 43054

    • Land
    For Sale
    View listing
    $1,250,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Babbitt Rd

    Property type
    Land

    Description

    This exceptional 238,708.8 square foot (5.483 acre) wooded lot presents a unique opportunity to build a custom home in the highly desirable New Albany school district. Located in Plain Township, Franklin County, Ohio, this property boasts a tranquil setting with a relaxing pond view, offering both privacy and convenience. Situated near the intersection of Morse Road and Babbitt Road, it provides easy access to a variety of amenities while maintaining a secluded atmosphere. The property features electric service at the road, and requires a septic system. Importantly, an approved septic design by Franklin County is already in place, incorporating the results of soil tests, simplifying the building process. This meticulously maintained lot is ready for your vision. Please schedule a showing to appreciate the serene beauty and exceptional potential of this remarkable property. The address is 0 Babbitt Road, New Albany, OH 43054. Do not enter the property without a scheduled showing.

    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
    -82.7763
    Latitude
    40.062

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    Babbitt Rd
    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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