0 Cor Of Jug St & Mink St Johnstown, OH 43031
This exceptional 4.09-acre parcel presents a unique residential development opportunity in Johnstown, Ohio. Ideally situated at the corner of Jug Street and Mink Street, this property boasts a highly desirable location, only half a mile from the new Intel Semiconductor Fabrication site and directly across from the New Albany Tech Park. The land is zoned Resid Unplat (501) for parcels between 0 and 9.99 acres, offering flexibility for residential development plans. Utilities are conveniently located at the street, simplifying infrastructure connections. The property's APN is 037-112152-02. Situated in Jersey Township within Licking County, this land falls within the Johnstown Monroe Local School District, providing access to quality education. The asking price is $490,000, translating to approximately $193,000 per acre, reflecting the prime location and development potential. This represents a compelling investment opportunity given its proximity to major technological advancements and established infrastructure. The property's size and zoning make it suitable for a variety of residential projects, capitalizing on the burgeoning growth in the area. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.