11681 Johnstown Road Road, New Albany, OH 43054 (MLS# 218013425)

11681 Johnstown Road Road, New Albany, OH 43054

$2,250,000

Property Type: Commercial Square Footage: 25,000 Lot Size (sq. ft.): 217,800 Status: Closed

Current Price: $2,250,000 List Date: 8/01/2018 Last Modified: 1/26/2025

Description

Amazing one in a life time opportunity. 5 acres ZONED FOR STORAGE in NEW ALBANY. 2 acres are developed with 3 buildings, 25,000 sq ft of storage units 144 doors, 80% occupied. 2 more acres in the back are approved, zoned, and ready to be built on for additional 3 buildings 25,000 sq. ft. of storage space. Property also features a remodeled 2200 sq ft 2 story home that can be used as office, live in manager, or rented to a tenant, home is in New Albany school district. Storage units were built by Golden Giant, high quality 21in steel construction with steel roofs. Middle building is wired for climate control and has HVAC installed and plumbed for propane heating. 24 hour gate access. Installed by quality Calvin Controls and operated by Door King. Facility is fenced and camera protected. A/O

Supplements: ********

More Information MLS# 218013425

Location & Property Info

List Price/SqFt: 90 City (Mailing Addr): New Albany Dist To Interchange: 1 Corp LimitPerAuditor: None

Office/Contract Info

For Sale: Yes Exchange: No For Lease: No Lease Rate $/Sq Ft: 0

General Property Info

Total SqFt Available: 25000 Bldg Sq Ft: 25000 Max Cont Sqft Avail: 25000 Minimum Sqft Avail: 25000 Occupancy Rate: 87 Total Parking: 7 # of Docks: 0 Year Built Status: 2014 Use Code: 481 - MINI WAREHOUSE Number of Units: 144 # of Floors Above Gr: 1 Year Built: 2014 Acreage: 5

Tax Info

Tax Abatement: No Parcel #: 220-O074C -031-06

Remarks & Misc

Property Description: Amazing one in a life time opportunity. 5 acres ZONED FOR STORAGE in NEW ALBANY. 2 acres are developed with 3 buildings, 25,000 sq ft of storage units 144 doors, 80% occupied. 2 more acres in the back are approved, zoned, and ready to be built on for additional 3 buildings 25,000 sq. ft. of storage space. Property also features a remodeled 2200 sq ft 2 story home that can be used as office, live in manager, or rented to a tenant, home is in New Albany school district. Storage units were built by Golden Giant, high quality 21in steel construction with steel roofs. Middle building is wired for climate control and has HVAC installed and plumbed for propane heating. 24 hour gate access. Installed by quality Calvin Controls and operated by Door King. Facility is fenced and camera protected. A/O

Status Change Info

Sold Price/SqFt: 90 Under Contract Date: 2018-06-01 Sold Date: 2018-09-27 Sold Price: $2,250,000

Income/Expenses

Gross Income: 120000 Net Operating Income: 12000 Total Expenses: 100000

Addl Acceptance Cond

None Known: 1

Expenses Paid by L

All: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

Expenses

R.E. Taxes: 30000 Property Insurance: 7000 Repairs&Maintenance: 1000 Electricity Expense: 12000 Accounting & Legal: 1300 Property Management: 5000 Supplies: 1000

Misc Int & Ext Info

Traffic CountPerDay: 3000

Construction

Metal: 1

Heat Fuel

Electric: 1

Water Source

Well: 1

Services Available

Electricity Available: 1

Heat Type

Heat Pump: 1

Electric

3 Phase: 1

Auction Info

Auction/Online Bidding Y/N: No

New Financing

Conventional: 1 Owner Financing: 1

Sprinkler

None: 1

Business Type

Industrial: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 2250000 Sold Price: $2,250,000 Property Sub Type: Mixed Use Street #: 11681 Street Name: Johnstown Road Street Suffix: Road County: Franklin State: OH Zip Code: 43054 Township: Plain

OfficeContract Info

Status: Closed MLS Entry Date: 2018-04-26

Property Features

Addl Acceptance Cond: None Known Expenses Paid by L: All Heat Fuel: Electric Heat Type: Heat Pump Electric: 3 Phase Water Source: Well Services Available: Electricity Available Construction: Metal Sprinkler: None Business Type: Industrial New Financing: Conventional; Owner Financing MLS Primary PhotoSrc: Realtor Provided

Listing Office: NextHome Experience

Listing Agent: Vadim Barash

Last Updated: January - 26 - 2025

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