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    451 Coshocton St Johnstown, OH 43031-9010

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    451 Coshocton St Johnstown, OH 43031-9010


    • Manufacturing properties
    • 53,000 SF
    • 13.02 lot acres
    Off-Market
    Last Sale Oct 1, 2024
    Property ID
    US66-0802927
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $570,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Armstrong World Industries - Steel Ceilings / Industrial Manufacturer / Production Facility

    Property Details for 451 Coshocton St

    Year built
    1989
    Lot size
    13.02 lot acres
    Property size
    53,000 SF
    Property type
    Manufacturing properties
    APN
    053-172644-00.002
    APU
    5317264400002

    Description

    This exceptional Class A industrial property, located at 451 E Coshocton St, Johnstown, OH 43031, presents a compelling investment opportunity. The 125,500 square foot manufacturing facility sits on a 13.03-acre lot and boasts a 28-foot ceiling height, nine loading docks, and four dock-high doors. Built in 1989 and extensively renovated in 2023, the single-story building is currently 100% occupied by a national tenant under a net lease agreement with a corporate guarantee, providing exceptional financial stability. The property benefits from a 10-year, 100% tax abatement on a recent 75,000 square foot addition, further enhancing its investment appeal. The asking price is $12,600,000, representing a compelling $100.40 per square foot and a 7.00% cap rate. The property is zoned M and offers significant potential for long-term growth and return. The tenant's long history (over 160 years) and the strong lease terms make this a truly exceptional investment opportunity in a prime Ohio location. The occupancy date is June 13, 2023.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $700,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $433,000
      Market price range: $295k - $939k
    • Alternative Use

      Use
      Estimation
      ASSEMBLY (LIGHT INDUSTRIAL)
      $525,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Licking
    State
    Ohio
    Longitude
    -82.6769
    Latitude
    40.1566
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $40,236
    $200,520
    $627,830
    $828,350
    -
    $572,900
    $1,793,800
    $2,366,700
    More about this property
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