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New Albany, OH, 43054 • 43054 • Franklin County
11.9 acLot
Usm Land
43054
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117 days on market
Established listing
Lot
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.
Based on current rates
Est. 6.75% rate · 30yr fixed · $6,240,000 loan
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Key facts and listing details
2 categories of property features
Market data and value estimates
3 schools rated nearby
New Albany, OH, 43054
9 events
23 years of records
Local context around this listing
New Albany, OH • Franklin County
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