Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    US-62 And Oh-161, New Albany, OH 43054

    1.34 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.34-acre commercial land parcel presents a unique investment opportunity in New Albany, Ohio. Strategically located at the intersection of US-62 and OH-161, this property boasts significant frontage on both major roadways, maximizing visibility and accessibility. The parcel is uniquely divided into two sections. The primary section sits directly at the intersection, benefiting from prime placement on the on-ramp from US-62 to OH-161 east, ensuring high traffic exposure. This section is adjacent to a BP gas station, further enhancing its commercial appeal. The secondary section, situated on E Dublin-Granville Rd, includes a pond, offering potential for creative landscaping or development. The entire property is zoned as Comprehensive Planned Unit Development, providing flexibility for a range of commercial uses. With its ideal location, high visibility, and versatile zoning, this property is perfectly suited for businesses seeking a prominent presence in a thriving New Albany market. The asking price is $1,340,000. The property's address is US-62 and OH-161, New Albany, OH 43054, within Franklin County.

    Property profile
    Verified
    Property type Land
    Lot 1.34 ac (58,370 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own US-62 And Oh-161?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message