Property profile

Frd Ave Ave Johnstown, OH 43031

OFF-MARKET
Mixed-use properties
0.16 ac lot
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Property summary

AI-generated overview

This exceptional 0.16-acre lot at 0 Ford Avenue, Johnstown, OH presents a remarkable investment opportunity. Currently zoned for light manufacturing, this property offers immense potential for various ventures. Imagine developing storage units, a small-scale manufacturing facility, or exploring rezoning possibilities (subject to Johnstown city approval) for residential construction such as a duplex, triplex, or quadplex. The location is highly desirable, boasting proximity to a vibrant array of shops and restaurants. Its strategic location, just 3.5 miles from the Intel facility, further enhances its appeal and potential for future growth. This is a rare chance to acquire land in this area at an exceptionally competitive price point. The seller is highly motivated, making this an opportunity that is unlikely to remain available for long. Don't miss out on this chance to secure a valuable asset in a thriving community. The property is priced to sell quickly, so act now to capitalize on this exceptional investment opportunity. All interested parties should conduct their own due diligence regarding zoning regulations and potential development options with the City of Johnstown.

Property profile

Verified
Property type Mixed-use properties
Lot 0.16 ac (6,970 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Frd Ave Ave Johnstown, OH 43031
Johnstown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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