10550 Johnstown Road, New Albany, OH 43054
Local realty services provided by:ERA Real Solutions Realty
10550 Johnstown Road,New Albany, OH 43054
$7,800,000
- 11.9 Acres
- Lots / Land
- Active
Listed by: darlene m kuzmic
Office: parker realty associates
MLS#:225045415
Source:OH_CBR
Price summary
- Price:$7,800,000
About this home
There are 11.9 acres included in this 7-parcel assemblage, 6 of which have single-family homes currently occupied. Constraints surrounding the five-points intersection calls for the city to work proactively with ODOT to
acquire sufficient right-of-way to ensure that improvements remain consistent with the
character of New Albany and the surrounding unincorporated areas within
Plain Township. While the city owns two parcels near the intersection, only one has
immediate frontage along US-62. The other surrounding parcels are privately
owned. Properties are currently zoned residential. The city has delineated this area as the 'Five Points Gateway' (see page 120 of the city's Focus Area Plan dated September 2025). Website detailed in Agent to Agent comments.
The intersection is a major traffic node with safety and congestion challenges. Improvements require additional right‑of‑way (ROW) to accommodate roadway changes, pedestrian infrastructure, and streetscape enhancements.
Without ROW acquisition, upgrades could be limited or inconsistent with New Albany's design standards. The city underscores how infrastructure planning, land ownership, and intergovernmental coordination intersect. It's not just about traffic—it's about shaping the identity and livability of New Albany's growth corridor.
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Home facts
- Listing ID #:225045415
- Added:3 day(s) ago
- Updated:December 16, 2025 at 01:27 AM
Structure and exterior
- Lot area:11.9 Acres
Finances and disclosures
- Price:$7,800,000
- Tax amount:$3,057
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