146 Acre Auction. Johnstown, Ohio

Description

Multi-Parcel Land Auction!
Johnstown, Ohio

THIS AUCTION HAS BEEN CANCELLED 

THE SELLER HAS ACCEPTED A PRE-AUCTION OFFER

146.778 acres located just west of Johnstown, Ohio in one of Licking County's most active growth corridors, offering nearly one mile of road frontage along Edwards Rd and Duncan Plains Rd. The property is positioned just minutes from Intel's Ohio One semiconductor campus and surrounding data center and infrastructure expansion.

The property is being offered in 5 parcels ranging from approximately 20 to 36 acres, each with road frontage, creating flexibility for a wide range of buyers and allowing for a variety of potential uses moving forward.

The land is comprised of level, productive tillable acreage, making it well suited for continued farming, long term investment, or future development. The property benefits from an AEP high voltage electric transmission line easement and a TC Energy natural gas pipeline easement, providing existing infrastructure that may be attractive to certain end users. While these easements influence the layout, they also offer utility access that is already in place, which can be meaningful for future planning and specialized development. 

The tillable portion of the property, approximately 128 acres, is currently leased for the 2026 crop year. The tenant farmer has a first right of refusal for the 2027 crop year. The lease provides annual income of $200 per tillable acre.

Parcel 1 - 27 acres with 1,356.16 feet of frontage along Edwards Rd. 23.5± tillable acres. Encumbered by an AEP transmission powerline easement (5.75± acres) and additional utility easements. Zoned AG.

Parcel 2 - 27 acres with 1,502.46 feet of frontage along Duncan Plains Rd NW. 21.5± tillable acres. Encumbered by an AEP transmission powerline easement (5± acres), TC Energy natural gas pipeline easement (2.5± acres), meter and valve station easement, and additional utility easements. Zoned AG.

Parcel 3 - 20 acres with 652.35 feet of frontage along Duncan Plains Rd NW. 12± tillable acres. Multiple utility easements. Zoned R1.

Parcel 4 - 36.4 acres with 1104.44 feet of frontage along Duncan Plains Rd NW. 25± tillable acres. Encumbered by an AEP transmission powerline easement (4.7± acres), TC Energy natural gas pipeline easement (3± acres), meter and valve station, and additional utility easements. Zoned R1.

Parcel 5 - 36.4 acres with 1,952.97 feet of frontage along Duncan Plains Rd NW and 471.14 feet of frontage along Millers Church Rd. 32± tillable acres. Multiple utility easements. Zoned R1.

According to Monroe Township's comprehensive plan, the property lies within an area identified for future growth and development. Parcels 1 and 2 are currently zoned AG (Agricultural District) and are planned for a Farm Village District, intended to support denser residential development with integrated open space. Parcels 3 through 5 are currently zoned R1 (Suburban Residence District) and are planned for a Mixed Use District that offers flexibility for a variety of potential uses, all subject to township approval. Duncan Plains Rd is slated for future widening, further supporting growth and accessibility in the area.

The seller will provide, at the seller's expense, new boundary surveys. Contiguous parcels purchased by the same buyer will be surveyed as a single parcel. All acreage amounts shown are approximate. Final purchase prices shall be based upon the completed survey of the parcels sold and adjusted on a per acre basis using the gavel price of the auction parcel.

Licking County parcel number 052-173844-00.000. Monroe Township. Approximate annual property taxes $4,469.56 (all parcels combined). If sold in parcels, individual tax amounts are to be determined. Johnstown Monroe Local School District.

Clear title and a title insurance policy will be issued to the buyer at closing. There are no deed restrictions. Acceptance of auction terms is required prior to bidding. The property sells AS IS, WHERE IS, and without any representations or warranties of any kind. Possession is at closing. A 10% buyer's premium will be added to the highest bid price (gavel price) to determine the final purchase price. All bidders are solely responsible for conducting their own due diligence prior to bidding. A 10% non refundable deposit will be required from the winning bidder or bidders. All sales are subject to county and township approval.

The auction will begin closing on April 25th at 1:00 PM EST. Bids may be placed online at any time or in person at the property on April 25th from 12:00 PM until the auction's conclusion.

You may walk the property at your own risk and convenience.