2.5 Acres in the Heart of Ohio's Technology Boom
Exceptional investment opportunity in the rapidly expanding New Albany technology corridor. Situated near one of the nation's fastest-growing concentrations of data centers and advanced technology infrastructure, this 2.5-acre parcel offers tremendous potential for future development, business use, or long-term investment.
New Albany has emerged as a premier destination for hyperscale data centers, with major technology companies including Amazon, Google, Meta, and others operating facilities throughout the area. The community is home to more than 40 data center facilities with additional projects under construction and in development.
With convenient access to major transportation routes, robust utility infrastructure, and one of the strongest economic growth corridors in the Midwest, this property presents a rare opportunity to acquire land in a market experiencing unprecedented technology-driven expansion. Whether you're an investor, developer, or business owner, this location offers outstanding potential for future appreciation.
For sale
$1,500,000
5431 Babbitt Rd, New Albany, OH 43054
3beds
1,224sqft
Single Family Residence
Built in 1930
2.5 Acres Lot
$-- Zestimate®
$1,225/sqft
$-- HOA
What's special
- 20 days |
- 599 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Ryan J Ruehle 614-209-1272,
EXP Realty, LLC,
KAREN KINCAID 614-207-9787,
EXP Realty, LLC
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226020344
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Propane
Appliances
- Included: Electric Range, Electric Water Heater
- Laundry: Electric Dryer Hookup
Features
- Flooring: Wood, Carpet, Vinyl
- Basement: Full
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,224
- Total interior livable area: 1,224 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: Two
Lot
- Size: 2.5 Acres
Details
- Parcel number: 220001205
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Block
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Private Sewer
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $1,225/sqft
- Tax assessed value: $321,100
- Annual tax amount: $7,027
- Date on market: 6/5/2026
- Listing terms: Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $1,500,000+772.1%$1,225/sqft |
Source: | ||
| 8/4/2006 | Sold | $172,000$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,026 +8.3% | $112,390 |
| 2023 | $6,485 +28.6% | $112,390 +67% |
| 2022 | $5,044 +4% | $67,310 |
| 2021 | $4,849 +0.6% | $67,310 |
| 2020 | $4,820 +4.4% | $67,310 +14.3% |
| 2019 | $4,619 +1.2% | $58,880 |
| 2018 | $4,562 | $58,880 |
| 2017 | $4,562 -2.2% | $58,880 +7.5% |
| 2016 | $4,663 +0.1% | $54,780 |
| 2015 | $4,658 | $54,780 |
| 2014 | $4,658 +108.3% | $54,780 +5% |
| 2013 | $2,236 -45.7% | $52,150 |
| 2011 | $4,121 +27% | $52,150 +21.1% |
| 2010 | $3,246 +8.8% | $43,050 |
| 2008 | $2,983 +4.8% | $43,050 |
| 2007 | $2,845 -0.5% | -- |
| 2006 | $2,860 +14.8% | -- |
| 2005 | $2,492 -1.1% | -- |
| 2004 | $2,519 +2% | -- |
| 2003 | $2,469 +15.1% | -- |
| 2002 | $2,145 +6.3% | -- |
| 2001 | $2,018 -0.8% | -- |
| 2000 | $2,035 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 43054
Nearby schools
GreatSchools rating
- 10/10New Albany Primary SchoolGrades: 1-3Distance: 2.3 mi
- 8/10New Albany Middle SchoolGrades: 7-8Distance: 2.3 mi
- 9/10New Albany High SchoolGrades: 9-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Ohio
- Franklin County
- New Albany
- 43054
- 5431 Babbitt Rd





