3187 Johnstown Utica Rd Johnstown, OH 43031
This exceptional 41+ acre farm, located at 3187 Johnstown Utica Road in Johnstown, Ohio (zip code 43031), presents a unique investment opportunity. The property boasts a substantial 1,803,384 square feet of land, offering significant development potential. Situated directly on Route 62, this prime real estate benefits from excellent visibility and accessibility. The property includes a pre-existing home and a detached three-car garage, adding to its versatility and immediate usability. The stunning wooded surroundings create a picturesque setting, while the location northeast of the future Intel development significantly enhances its long-term value and potential for future growth. Built in 1991, this property is zoned for agricultural use and offers a multitude of possibilities for both residential and commercial development. The asking price for this remarkable property is $1,500,000. Serious inquiries are encouraged to explore the endless possibilities this exceptional land parcel offers. This is a rare opportunity to acquire a significant piece of land in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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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.