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6060 E Dublin Granville Rd - Former Prairie House

18.46 Acres of Residential Land Offered at £5,523,000 in New Albany, OH 43054

Investment Highlights

  • One of the last remaining infill sites of this size in the heart of New Albany, just outside of Village Center and Market Square
  • Close proximity to Rose Run Park, Market Square, Village Center, New Albany School Learning Campus, McCoy Center, Heit Center, New Albany Country Club
  • R-2 zoning permits 20,000 SF (100’ x 200’) single family lots; or rezoning to I-PUD permits up to 3 lots or units/acre for 100% age restricted housing
  • Fenced and gated 18.46 acres provides a secluded, private and tranquil setting with heavy woods, mature trees and Sugar Run stream on 640' x 1611' lot
  • Affluent market demos makes the site well suited for for an estate lot or lots, custom homes or a higher density age-restricted development
  • More than 55 miles of leisure trails/paths connect the site to the rest of New Albany with a paved leisure/walking/bike trail fronting along Property

Executive Summary

The former Prairie House, 18.46 acres in the heart of New Albany provides a natural, tranquil & private setting with heavy woods, mature trees and Sugar Run stream meandering along a portion of the west & north boundary. One of the last infill sites of this size near New Albany’ Village Center/Market Square. Site has approximately 640’ frontage & 1611’ depth. Hampstead Village subdivisions are contiguous to the east & west, Pickett Place subdivision to the south and the New Albany Country Club community to the south/southeast. The site is level from the front toward the rear where elevation decreases down to Sugar Run stream. All utilities are to the site. There is a leisure trail along the frontage that connects to 55 miles paths/trails. The site is a short ½ mile walk to Market Street, Market Square, Village Center, Rose Run Park, Learning Campus, McCoy Center, Heit Center. High quality Georgian & farmstead architecture are defining characteristics of New Albany. Affluent market demos. Site is well suited for estate lot(s), custom homes, custom age-restricted development.
Site is home to the former Prairie House, an antiques business that morphed into home furnishings, décor, unique accessories, collectibles, crafts and gift items. Over time, more structures were added and used in a retail capacity. There is also a two-story single family house on the site. They were famous for their annual Christmas open houses with several dozen different decorated trees.
The current R-2 Zoning District permits single-family residential lots with a minimum lot size of 20,000 square feet with a minimum lot width of 100’ (minimum lot size of 100’ x 200’, or 0.4591 acre lots).
If rezoned to I-PUD, and 100% age restricted, its would be possible to get 55 residential lots at 3 lots to th acre.
The site is ideal for an estate lot or several estate lots, custom homes and custom age restricted at up to 3 homes per acre (or up to 2.4 home per acre if 80% age restricted).

Property Facts

Price £5,523,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 18.46 AC

1 Lot Available

Lot

Price £5,523,000
Price Per AC £299,187
Lot Size 18.46 AC

One of the last remaining infill sites of this size in the heart of New Albany, just outside of Village Center and Market Square. Fenced and gated 18.46 acres with heavy woods, mature trees and Sugar Run stream. 640' frontage x 1611' depth.

Description

This is a 18.46-acre lot.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
222-000387
Land Assessment
£224,742
Improvements Assessment
£251,812
Total Assessment
£476,554

zoning

Zoning Code R-2 (R-2 Low-Density Single-Family Residential District - minimum 20,000 SF Lots (100'x200"); or Rezone to I-PUD for 2.4-3 du/acre (80-100% age restricted))
R-2 (R-2 Low-Density Single-Family Residential District - minimum 20,000 SF Lots (100'x200"); or Rezone to I-PUD for 2.4-3 du/acre (80-100% age restricted))
  • Listing ID: 32477118

  • Date on Market: 16/07/2024

  • Last Updated:

  • Address: 6060 E Dublin Granville Rd, New Albany, OH 43054

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