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28889296
28889297

10550 Johnstown Road, New Albany, OH 43054

DK
2003014154
Parker Realty Associates
Listed by Parker Realty Associates
$7,800,000
178 days on market
Updated 16 days ago

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.
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Listing Contacts

DK
2003014154
Parker Realty Associates
Listed by Parker Realty Associates

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