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Property profile & analytics
OFF-MARKET
Distribution centers

1870 Harrison Rd Johnstown, OH 43031

Built 1991
Property ID
US66-2599397
Property summary
AI-generated overview

This exceptional 7.832-acre parcel of land, located at 1870 Harrison Road NW in Johnstown, Ohio, presents a unique investment opportunity. The property, built in 1991, boasts a total lot size of 341,074.8 square feet and is currently zoned residential. Its strategic location offers significant potential for future development. Surrounded by established businesses like GE and IPUD, and situated within New Albany's Limited Overlay District, this land is poised for rezoning to General Employment (GE). There's also an MUOD overlay in place, with Jersey Township potentially implementing an Industrial Overlay. Annexation into New Albany could unlock potential tax abatements. The property is well-suited for various uses, including commercial, light industrial, or office space, and even a single-use data center may be feasible. Existing utilities include electricity and gas. City water and sewer access would require annexation into New Albany, but these services, along with fiber optic capabilities, are conveniently located just north of the property along Innovation Campus. The land is level and wooded, offering a versatile canvas for development. While currently listed as 7.832 acres, there may be an opportunity to acquire additional acreage through assemblage. This prime location and flexible zoning potential make this a compelling investment prospect.

Property profile
Verified
Property type Distribution centers
Year built 1991
UPID US66-2599397
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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