6060 Dublin Granville Rd, New Albany, OH 43054-9326
This exceptional 18.46-acre parcel presents a rare opportunity in the heart of New Albany, Ohio. Located at 6060 E Dublin Granville Rd (APN 222-000387), this property offers a tranquil setting with mature trees, heavy woods, and the Sugar Run stream bordering the west and north. Boasting approximately 640 feet of frontage and 1611 feet of depth, the site is conveniently situated near New Albany's Village Center and Market Square, a short half-mile walk to amenities including Rose Run Park, the Learning Campus, McCoy Center, and Heit Center. Currently zoned R-2, allowing for single-family residential lots of at least 20,000 square feet (100' x 200'), the property's potential extends to higher-density age-restricted development with rezoning to I-PUD, potentially yielding up to 55 lots (with 100% age restriction). All utilities are available. A paved leisure trail runs along the frontage, connecting to over 55 miles of trails. The property includes existing structures, a two-story single-family house and former retail buildings. The affluent demographic and proximity to high-quality schools and amenities make this site ideal for estate lots, custom homes, or a luxury age-restricted community. The site is bordered by established residential subdivisions (Hampstead Village and Pickett Place) and the New Albany Country Club. Asking price: $7,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6060 · New Albany, OHNew Albany. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.