
Parker Realty Associates
Listed by Parker Realty Associates
$7,800,000
10550 Johnstown Road
Details
APN 222-000400
Property Type Land
Acreage 11.900
There are 11.9 acres included in this 7-parcel assemblage, 6 of which have single-family homes
Marketing description
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.
Listing Contacts

Parker Realty Associates
Listed by Parker Realty Associates
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