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10087 Johnstown Rd - Welcome to the New Albany Retail Corridor 1.92 Acres of Commercial Land Offered at $2,073,750 CAD in New Albany, OH 43054
INVESTMENT HIGHLIGHTS
- 25,000 Vehicles Per Day on US-62 & 63,000 VPD on 161-Expwy West of US-62
- Limited availability within this Retail Corridor
- 1.92 acres Zoned Commercial Use
EXECUTIVE SUMMARY
Located in the New Albany US-62 retail corridor - serving The New Albany International Business Park (INTEL & more). This 1.92 acre parcel is located 0.6 miles from the 161/62 Interchange. 25k VPD on US-62 & 63K VPD on 161-Expwy west of US-62 (2022).
Exponential growth in the immediate and surrounding area of this parcel is expected and happening now - within and near this retail corridor. Significantly limited land availability exists. All Utilities are across the street. Electric on site.
Per; the Newley Adopted, Land Use Map - the parcel directly adjacent to the South (owner: The New Albany Company), proposes that a city street be added through that adjacent parcel - making the subject parcel a corner lot.
Tremendous retail opportunity exists for this lot.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,073,750 CAD | Lot Size | 1.92 AC |
| Price Per AC | $1,080,078.17 CAD |
| Price | $2,073,750 CAD |
| Price Per AC | $1,080,078.17 CAD |
| Lot Size | 1.92 AC |
Rectangle lot. Adjacent to a signalized intersection. Future corner lot
DESCRIPTION
This 1.92 acres of land is located on US 62 in the retail corridor of the highly desirable New Albany. This corridor serves the growing city and the New Albany International Business Park: one of the largest strategically-planned business parks in the country. Part of the Business Park is Intel’s planned $20 billion+ manufacturing project, as well as other impressive tech companies such as Google, Meta, Amazon and more! The “Silicon Heartland” is bringing new jobs, significant investment and groundbreaking technology with an influx of vehicles per day to US 62 in New Albany. This business park development already underway will benefit the US 62 retail corridor for decades to come. Exponential growth in the surrounding area is expected over the next 5 years. But New Albany isn’t just about work - it’s a wonderful place to call home. The town has a thriving community, with cafes, shops, highly rated schools system, and parks. The median household income is $206,130 and the median house value is $531,700. The residents of New Albany are well-educated - over 76% have a bachelor’s degree or higher. All in all, New Albany is a fantastic place to live, work, and play in Ohio’s Silicon Heartland.
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10087 Johnstown Rd - Welcome to the New Albany Retail Corridor
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