10550 Johnstown Road, New Albany, OH

$7,800,000

Previous Next

11.90

Acres

About 10550 Johnstown Road

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.

Features of 10550 Johnstown Road

MLS® # 225045415
Price $7,800,000
Acres 11.90
Type Land
Sub-Type Development
Status Active

Community Information

Address 10550 Johnstown Road
Area Plain
City New Albany
County Franklin
State OH
Zip Code 43054

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

School Information

District NEW ALBANY PLAIN LSD 2508 FRA CO.

Additional Information

Date Listed December 12th, 2025
Days on Market 273

Listing Details

OfficeDarlene M Kuzmic 614-531-2050 of Parker Realty Associates 614-987-5178

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?