614-531-2050
Johnstown Road & Central College Road, New Albany, OH for Sale
Commercial LAND - FOR SALE
1/10
518,364 SF

Johnstown Road & Central College Road
New Albany, OH 43054


HIGHLIGHTS

  • Assemblage totaling 11.9 acres in New Albany’s Five Points Gateway corridor.
  • Located near the major intersection of US-62 with ongoing infrastructure planning by the City of New Albany and ODOT.
  • Area targeted for future roadway, pedestrian, and streetscape improvements per the city’s Focus Area Plan.
  • Within close proximity to residential neighborhoods, schools, and amenities in a high-growth submarket.
  • Multiple parcels create flexibility for phased redevelopment strategies or comprehensive mixed-use projects.
  • Strong regional accessibility to Columbus and key transportation routes.

OVERVIEW

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. Multi-family and industrial not permitted. Proposed uses include 1-2 SFR per acre, office, and retail.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Five Points Gateway - New Albany, OH

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Office, Single Family Residence

LAND ACRES

11.9 AC

LAND SF

518,364 SF

OFFSITE IMPROVEMENTS

-

ZONING

R

APN/PARCEL ID

222-000311-00,222-000330-00,222-000379-00,222-000396-00,222-000400-00,222-000644-00

ASK ABOUT THIS PROPERTY

Darlene KuzmicParker Realty GroupMore Info
614-531-2050

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Darlene KuzmicParker Realty GroupMore Info
614-531-2050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.