Property profile

11555 Jug St Johnstown, OH 43031

OFF-MARKET
Land
Property ID
US66-0608721
Built 1940
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Property summary

AI-generated overview

This exceptional 41.29-acre land parcel, encompassing two adjacent properties at 11555 and 11521 Jug Street in Johnstown, Ohio (zip code 43031), presents a unique investment opportunity. The property boasts an impressive 1,580,792.4 square feet of land, offering significant development potential. Strategically located with 726 feet of frontage on Jug Street Road and just 730 feet from the five-lane Mink Road, this site enjoys excellent accessibility. Its proximity to the Intel site (1.4 miles) further enhances its value and appeal. Currently classified as CAUV (Current Agricultural Use Value), the property's zoning allows for a wide range of future development options, including industrial, light manufacturing, commercial, mixed-use, multi-family residential, and single-family residential projects. The 1940 construction date refers to existing structures on the land, not the land itself. This expansive tract offers a rare chance to capitalize on the growth and development opportunities in the thriving Johnstown area. The asking price for this significant land holding is $9,995,000.

Property profile

Verified
Property type Land
Year built 1940
UPID US66-0608721

Cap rate & NOI

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

Location

11555 Jug St 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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