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    Johnstown-Utica Rd Johnstown, OH 43031

    Sponsored
    For Sale
    $11,455,000

    Massive development opportunity near Intel.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 45.90-acre parcel, located at 0 Johnstown-Utica Road, Johnstown, Ohio 43031, presents a significant investment opportunity. The property boasts a substantial 1,999,404 square feet of land, offering unparalleled potential for large-scale development. Its highly visible location on Route 62 ensures excellent accessibility and exposure. The strategic proximity to Intel's $20 billion "Ohio One" Chip Fab Plant (within 2 miles) and an Amazon Data Services site (0.5 miles) makes this site exceptionally attractive for businesses seeking to capitalize on the region's burgeoning technological growth. This prime land offers developers a unique chance to establish a presence in a rapidly expanding area with strong infrastructure and a skilled workforce. The asking price for this remarkable property is $11,455,000. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a substantial land holding in a high-growth area with exceptional visibility and proximity to major technological hubs. Don't miss this chance to secure a piece of Ohio's thriving economic landscape.

    Property Features for 0 Johnstown-Utica Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Johnstown
    County
    Licking
    State
    Ohio
    Longitude
    -82.6851464
    Latitude
    40.1540231

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    FAQs

    What type of property is this?
    Land - Massive development opportunity near Intel.
    Where is this land located?
    The property is located at Johnstown-Utica Rd Johnstown, OH.
    What is the asking price?
    The asking price for this property is $11,455,000.
    (614) 300-0771
    Request Owner's contact information
    Johnstown-Utica Rd Johnstown, OH 43031
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    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
    Johnstown-Utica Rd Johnstown, OH 43031
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