Property Description

Rare opportunity to purchase property in New Albany School District zoned for a duplex. This site is located ~3 miles (roughly a 5 minute drive) from the Intel site and is within ~5 miles of three wedding venues. Recently approved zoning change allows for a duplex to be constructed on the site. Seller intended to construct a 'barndominium' style duplex for mid-term or short-term rental. The architectural plans for the building will convey with the sale. Site may also be developed as a single family residence or used for personal storage or shop space. Curb cuts providing direct access to both Walnut and State Route 62. Seller is licensed real estate agent in the state of Ohio.

11048 Johnstown Road | MLS# 225018043

This land located at 11048 Johnstown Road, New Albany, OH 43054 is currently listed for sale with an asking price of $395,000. The property has approximately 1.98 Acres. Johnstown Road is located within the NEW ALBANY PLAIN LOCAL school district. Search New Albany real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Land - Multiple

Days on Market: 297

Lot Size: 1.98 Acres

Taxes: $2,140

Feature Descriptions

Lot: Stream On Lot, Wooded

Parcel #: 220-000011

Utilities: Electricity Available, Well, Gas

Wooded: Yes

Local Schools

School District: NEW ALBANY PLAIN LOCAL

Demographics

Franklin County Demographic Information for 11048 Johnstown Road, New Albany, OH 43054

Fips

Fips Code 39049

Population

2020 to 2023 Change up 0.2%

2010 Count 1,163,414

2020 Count 1,323,807

2023 Estimate (V2023) 1,326,063

2020 Estimate (V2023) 1,323,810

Age Distribution (Years Old)

0 to 4 6.5%

5 to 17 22.9%

18 to 64 57.4%

65 and Older 13.2%

Gender

Male 49.2%

Female 50.8%

Place of Birth

Foreign 12.0%

US 88.0%

Education

High School Graduate, Age 25+ 91.5%

Bachelor's Degree or Higher, Age 25+ 41.7%

Computer and Internet use

Households with a computer 95.9%

Households with a broadband Internet subscription 92.1%

Language

English is Second Language, Age 5+ 14.9%

English is First Language, Age 5+ 85.1%

Veterans

Veterans 56,845

Income

Per Capita Income $41,148

Median Household Income $71,070

People in Poverty 15.1%

Commute

Average Work Commute Time 22 minutes

Housing

Total Housing Units 594,813

Households 542,366

Average Household Size 2.38

Owner-Occupied 53.5%

Multi-Family 36.6%

Owner-Occupied Median Value $243,100

Median selected monthly owner costs -with a mortgage $1,667

Median selected monthly owner costs -without a mortgage $685

Median gross rent $1,169

Building Permits

New Private Housing Issued 2023 7,303

Years at Residence

1 Year or More 82.6%

Less Than 1 Year 17.4%

Business and Employment

Private non-farm Establishments 30,187

Private non-farm Employment 642,630

Private non-farm Employment Growth up 0.4%

Nonemployer Establishments 117,491

Number of Firms 107,363

Business Production

Value of Shipments $13,796,060,000

Wholesale Trade $32,205,012,000

Retail Trade $25,665,382,000

Retail Sales Per Capita $17,887

Accommodation and Food Services $3,728,293,000

Land

Land Area 532.19 sq. miles

Population Per Square Mile 2,187

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,220.75 per month $1,927.21 Principal & Interest $178.33 Property Tax $115.21 Homeowner's Insurance

Change Payment Information

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11048 Johnstown RoadNew Albany, OH 43054