Property profile

11272 Miller Rd Johnstown, OH 43031

OFF-MARKET
Warehouses
Property ID
US66-6103910
Built 1986
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Property summary

AI-generated overview

This exceptional 1986-built warehouse, located at 11272 Miller Road in Johnstown, Ohio (zip code 43031), presents a compelling investment opportunity. Priced at $650,000, this property offers 1,618 square feet of space at a price per square foot of $400.25. Situated on a substantial 62,726.4 square foot lot, the warehouse is classified as industrial and falls under the warehouse subtype. The property's location within Licking County, Ohio, places it strategically within a revitalization district designed to support supply chain industries for Intel. This zoning, designated Subarea A, specifically permits technologically advanced manufacturing, research, and development activities. The property's size and zoning make it ideally suited for a variety of industrial uses, benefiting from its proximity to key infrastructure and the burgeoning technological sector. This presents a rare chance to acquire a well-positioned industrial asset in a rapidly growing area. The property's age and size offer potential for immediate occupancy or future development, making it an attractive prospect for both established businesses and investors seeking strong returns. Further details are available upon request.

Property profile

Verified
Property type Warehouses
Year built 1986
UPID US66-6103910

Cap rate & NOI

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

Location

11272 Miller Rd Johnstown, OH 43031
Johnstown metro
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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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