11272 Miller Rd, Johnstown, OH 43031
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.