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    3010 Mink St Johnstown, OH 43031

    Sponsored
    For Sale
    $2,490,000

    10+ Acres, Historic Home, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10-acre mixed-use property in Johnstown, Ohio, presents a unique investment opportunity. Located at 3010 Mink Street, this 446,490 square foot lot boasts significant road frontage and is conveniently situated within walking distance of Intel and minutes from Route 161, ensuring high visibility and accessibility. The property includes a beautifully restored historic home featuring 2x6 walls, adaptable for various commercial uses. A large barn and a new three-car detached garage provide ample storage and parking. The township has approved a mixed-use zoning overlay, unlocking a wide range of development possibilities. A new walking path along Mink Street is currently under construction, further enhancing the property's appeal. Public water and sewer have been approved for commercial use, simplifying the development process. Built in 1900, this property offers a blend of historical charm and modern potential, making it an ideal investment for developers and entrepreneurs seeking a prime location with significant upside. The asking price is $2,490,000.

    Property Features for 3010 Mink St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1900

    HighLights

    • $2,490,000 asking price.
    • Multifamily, office, and residential property on 10+ acres (446,490 sq ft lot).
    • Located in Johnstown, OH (43031), near Intel and Route 161.
    • 1900‑built historic home with 2x6 walls, restored and suitable for commercial use.
    • Includes a large barn and a new 3‑car detached garage with ample parking.
    • Mixed‑use zoning approved; public water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Auto Repair Shop Department Store Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Licking
    State
    Ohio
    Longitude
    -82.7083678
    Latitude
    40.1006569

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    FAQs

    What type of property is this?
    Multifamily property - 10+ Acres, Historic Home, High Potential
    Where is this multifamily property located?
    The property is located at 3010 Mink St Johnstown, OH.
    What is the asking price?
    The asking price for this property is $2,490,000.
    What are key features of this property?
    This property features: $2,490,000 asking price.; Multifamily, office, and residential property on 10+ acres (446,490 sq ft lot).; Located in Johnstown, OH (43031), near Intel and Route 161.
    Request Owner's contact information
    3010 Mink St 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
    3010 Mink St Johnstown, OH 43031
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