11555 Jug St Johnstown, OH 43031
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 11555 Jug St
- Year built
- 1940
- Property type
- Commercial real estate
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Johnstown
- County
- Licking
- State
- Ohio
- Longitude
- -82.7073706
- Latitude
- 40.0976773