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    Innovation Campus Way Johnstown, OH 43031

    Sponsored
    For Sale
    $1,080,000

    2.72 Acres Near Intel Campus

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.72-acre commercial and industrial development site presents a unique investment opportunity in the thriving New Albany, Ohio area. Strategically located just 2.4 miles from Intel's expansive $20 billion semiconductor facility, this property offers unparalleled access to a robust and growing workforce. The site is zoned for General Employment, ensuring flexibility for a wide range of commercial and industrial uses. All utilities are readily available on-site, simplifying development and reducing upfront costs. Its convenient location provides easy access to major transportation arteries, including Interstate 270 (a 12-minute drive), John Glenn Columbus International Airport (21 minutes), and Rickenbacker International Airport (38 minutes). The property's APN is 093-106422-00.007. This prime location, coupled with its versatile zoning and proximity to Intel, makes this land ideal for businesses seeking to capitalize on the significant economic growth spurred by this major technological investment. The asking price for this exceptional development opportunity is $1,080,000. Don't miss this chance to secure a piece of Ohio's burgeoning tech corridor.

    Property Features for 0 Innovation Campus Way

    General Information

    Property type
    Land
    Lot Size
    118,483 SF

    HighLights

    • $1,080,000 asking price for 2.72‑acre commercial/industrial land parcel.
    • Located in New Albany, OH (Licking County), near Intel's semiconductor campus.
    • General Employment zoning.
    • All utilities available on‑site.
    • Convenient access to I‑270, John Glenn Columbus International Airport, and Rickenbacker International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Johnstown
    County
    Licking
    State
    Ohio
    Longitude
    -82.729950249266
    Latitude
    40.088358233841

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    FAQs

    What type of property is this?
    Land - 2.72 Acres Near Intel Campus
    Where is this land located?
    The property is located at Innovation Campus Way Johnstown, OH.
    What is the asking price?
    The asking price for this property is $1,080,000.
    What are key features of this property?
    This property features: $1,080,000 asking price for 2.72-acre commercial/industrial land parcel.; Located in New Albany, OH (Licking County), near Intel's semiconductor campus.; General Employment zoning.
    Request Owner's contact information
    Innovation Campus Way Johnstown, OH 43031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Innovation Campus Way Johnstown, OH 43031
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