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    Flat Vacant Lot Near Amenities Title is generated by Realmo AI

    359 Nootka Lane, Hideaway Hills, OH 43107

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    LAND - Hide A Way Hills, OH

    Lot size:
    0.48 Acres
    Added:
    May 14, 2026
    Days on Market:
    3
    Last Refresh:
    May 16 at 5:06 pm

    Property Features for 359 Nootka Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    10-000974.0000
    Lot size
    0.48 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    115

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Tavie A Conrad

    Listing agent Tavie A Conrad

    Listing office Red 1 Realty 921 Eastwind Dr Suite 102, Columbus, OH

    Listing date May 14, 2026

    MLS# 226017064 Listing URL

    Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Rare flat, corner lot, simplifying construction.
    • Access to extensive Hide A Way Hills resort‑style amenities (golf, lakes, restaurant, fitness center, etc.).
    • Gated community with 24/7 manned security.
    • Close proximity to Hocking Hills region and nearby towns (Lancaster, Logan, etc.).
    • Near front gate, providing easy access to community amenities.
    • Utilities available (Electricity).

    Overview

    This vacant lot, a rare find in Hide A Way Hills, is notably flat and situated on a corner, offering ease of construction. Its location provides convenient access to numerous community amenities and the front gate. Hide A Way Hills is a gated, resort-style community near Lancaster, Logan, Sugar Grove, and Bremen, and the Hocking Hills region. The community spans approximately 1700 wooded acres and features several lakes suitable for boating, fishing, and swimming, including the Lake of Four Seasons with member-assigned boat docks and a small beach. Additional amenities include a 9-hole golf course with a clubhouse, a full-service restaurant with a microbrewery and amphitheater, a fitness center with exercise classes and yoga, a shooting range, a grass strip airport, an ORV track, 24/7 manned security, an organic garden, disc golf, playgrounds, shelter houses, basketball courts, hiking trails, and storage areas for kayaks and canoes. A swimming pool with lifeguards is located near tennis and pickleball courts, fenced pastures for horses, stables, and a historic barn. The property is 0.48 acres. Valley View Hills Winery, Rock Stalls Nature Preserve, Boch Hollow, Clearcreek Metro Park and Alley Park are located nearby. This property is suitable for a full-time residence or a part-time getaway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hideaway Hills
    County
    State
    Ohio
    Longitude
    -82.4035
    Latitude
    39.689

    Nearby Similar for Sale

    • $45,000

      Residential Land in Gated Community

      1.44 acre residential land in Hide A Way Hills, Ohio
      1767 Mohican Court, Hide A Way Hills, OH 43107
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    • $65,000

      Secluded Wooded Lot in Gated Community

      1.5 acre lot in Hide-A-Way Hills with community amenities.
      1832 Piegan Court, Hide A Way Hills, OH 43107
      View Details
    • $17,000

      Wooded Lot in Gated Community

      Residential land for building a dream home or weekend retreat.
      1756 Mohican Lane, Hide A Way Hills, OH 43107
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Flat, corner lot near amenities in Hide A Way Hills.
    Where is this residential land & home lot located?
    The property is located at 359 Nootka Lane Hideaway Hills, OH.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Rare flat, corner lot, simplifying construction.; Access to extensive Hide A Way Hills resort‑style amenities (golf, lakes, restaurant, fitness center, etc.).; Gated community with 24/7 manned security.
    (740) 415-6106
    We can help!
    Listing Contact
    Tavie A Conrad
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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