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Property profile & analytics
OFF-MARKET
Office Units

10179 Johnstown Rd New Albany, OH 43054

2,019 SF 1.78 ac lot Built 1964
Property ID
US66-2191340
Property summary
AI-generated overview

This exceptional 2,019-square-foot Class A creative office space, located at 10179 Johnstown Road, New Albany, OH 43054, presents a unique investment opportunity. Priced at $749,900 ($371.42/sq ft), this vacant single-unit property sits on a generous 1.78-acre lot (APN 220-000963). Built in 1964, the two-story building is currently zoned for Commercial-Multiple Use, offering immense flexibility. Its current configuration is a well-maintained four-level split, easily adaptable for various office uses, including but not limited to legal, insurance, or medical practices, retail spaces, or other professional services. The property's strategic location within Franklin County places it in the path of significant development, near the burgeoning "Silicon Heartland" and the new Intel complex, providing exceptional growth potential. Proximity to downtown New Albany, hotels, dining, shopping, and major freeways further enhances its appeal. This owner-user investment presents a rare chance to acquire a versatile property in a high-growth area, ideal for immediate occupancy or future development. The property is served by New Albany Schools.

Property profile
Verified
Property type Office Units
Year built 1964
Total area 2,019 SF
Lot 1.78 ac (77,537 SF)
APN 220-000963
UPID US66-2191340
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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