11282 Miller Rd Johnstown, OH 43031
This 1.25-acre commercial land parcel, located at 11282 Miller Road NW in Johnstown, Ohio, presents a unique investment opportunity. Situated in Subarea A of the Mink Street Corridor Overlay District (MIE), this property boasts 150 feet of road frontage and is less than 400 feet from Mink Street, offering exceptional proximity to Intel's operations. The MIE subarea is specifically designed to support technologically advanced manufacturing, research, and development, and related supply chain industries. The property includes a 1,200 square foot, one-story home with three bedrooms, two bathrooms, a three-season room, and a one-car garage, providing potential rental income while awaiting utility connections for commercial development. The lot size is 54,450 square feet. Built in 1986, this property is being offered at $550,000. This is a buy-and-hold opportunity with potential for significant future returns given its strategic location and zoning. The property is zoned for technologically advanced manufacturing, research and development, and related support industries.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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