Property profile

5551 Smaller Rd Johnstown, OH 43031

OFF-MARKET
Land
Property ID
US66-2084960
Built 1987
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Property summary

AI-generated overview

This exceptional 9.13-acre property in Johnstown, Ohio, presents a unique opportunity for residential development. Currently listed at $495,000, this expansive lot boasts 397,702.8 square feet of land, offering ample space for a single, substantial home or the potential for subdivision into two separate building sites. The property features approximately 400 feet of road frontage on Smaller Road, providing excellent accessibility. A picturesque creek meanders through the rear of the property, adding to its natural beauty and tranquility. The land itself is a blend of open areas and wooded sections, creating a serene and private setting. Abundant wildlife, including deer and wild turkey, frequents the property. The seller is finalizing the addition of approximately 4 acres to the existing 5.13 acres, ensuring a total of 9.13 acres at closing. This property is ideally suited for those seeking a spacious, secluded building site in a desirable Ohio location. The property's size and features make it an attractive investment for both individual homebuilders and developers. Schedule a viewing today to experience the potential of this remarkable land parcel. The property is located at 5551 Smaller Road, Johnstown, OH 43031. The property was originally built in 1987.

Property profile

Verified
Property type Land
Year built 1987
UPID US66-2084960

Cap rate & NOI

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

Location

5551 Smaller Rd Johnstown, OH 43031
Johnstown metro
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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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