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    Property profile & analytics

    10937 Johnstown Rd New Albany, OH 43054

    • Commercial real estate
    • 12.22 lot acres
    For Sale
    View listing
    $1,200,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-0191335
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 10937 Johnstown Rd

    Lot size
    12.22 lot acres
    Property type
    Commercial real estate
    APN
    222-004821, 222-004822

    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
    -82.7769434
    Latitude
    40.1080517

    Comparable in this City

    • $1,300,000

      Prime New Albany Farmland Investment

      4.5-Acre Ohio Farm, $1.3M
      5026 Babbitt Rd, New Albany, OH 43054
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    • $752,150

      New Albany Residential Land - 109k SF

      Build Your Dream Home in New Albany! 12 Lots Remain.
      0 Moonstone, 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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    • $750,050

      New Albany Residential Land - $750K

      Build Your Dream Home in New Albany!
      0 Moonstone, New Albany, OH 43054
      View Details
    • $1,250,000

      New Albany Wooded Lot - $1.25M

      Private 5.48 acre lot, build your dream home.
      0 Babbitt Rd, New Albany, OH 43054
      View Details
    • $225,000

      New Albany Land: Build Your Dream Home

      Prime 12,197 sq ft lot in desirable location.
      7615 Steeplechase Ln, Westerville, OH 43054
      View Details

    Similar Nearby for Sale

    • $1,300,000

      Prime New Albany Farmland Investment

      4.5-Acre Ohio Farm, $1.3M
      5026 Babbitt Rd, New Albany, OH 43054
      View Details
    • $752,150

      New Albany Residential Land - 109k SF

      Build Your Dream Home in New Albany! 12 Lots Remain.
      0 Moonstone, New Albany, OH 43054
      View Details
    • $3,385,000

      New Albany Land: 22 Acres, $3.385M

      Prime Ohio land, build your dream home!
      0 Walnut St, New Albany, OH 43054
      View Details
    • $750,050

      New Albany Residential Land - $750K

      Build Your Dream Home in New Albany!
      0 Moonstone, New Albany, OH 43054
      View Details
    • $1,250,000

      New Albany Wooded Lot - $1.25M

      Private 5.48 acre lot, build your dream home.
      0 Babbitt Rd, New Albany, OH 43054
      View Details
    • $225,000

      New Albany Land: Build Your Dream Home

      Prime 12,197 sq ft lot in desirable location.
      7615 Steeplechase Ln, Westerville, OH 43054
      View Details

    Similar Nearby for Lease

    • $13,750 /Mo

      High-Visibility Corner Lot for Rent

      Corner lot in booming New Albany near Intel development.
      121 Miller Ave, New Albany, OH 43054
      View Details
    • $0.06 SF/Yr
      3,240 SF

      High Street Office Space

      Prime New Albany location, 3,240 sq ft.
      68 High St, New Albany, OH 43054
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    • $11 SF/Yr
      206,894 SF

      Gahanna Office Space For Lease

      Modern Office Suites, Abundant Parking
      7400 Campus Rd, New Albany, OH 43054
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    • Contact for pricing
      5,000 SF

      New Albany Warehouse Space

      Warehouse space available in New Albany, Ohio.
      7000 Souder Rd, New Albany, OH 43054
      View Details
    • Contact for pricing
      19,090 SF

      New Class A Office Space

      Class A office space for lease in New Albany, OH.
      6455 W Campus Oval, New Albany, OH 43054
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    • $30 SF/Yr
      4,990 SF

      Retail Space in New Albany

      Retail space for lease in growing New Albany Village.
      160-162 W Main St, New Albany, OH 43054
      View Details
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    10937 Johnstown 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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