Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Pleasant Valley Road Logan, OH 43138

    View on Map
    Picture of Land at Pleasant Valley Road, Logan, OH
    For Sale
    $995,000

    LAND - Logan, OH

    Lot size:
    39.50 Acres
    Added:
    Oct 6, 2025
    Days on Market:
    179
    Last Refresh:
    Apr 2 at 8:06 am

    Property Features for Pleasant Valley Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    02-000847.0000
    Lot size
    39.50 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    1122

    We can help!

    Listing Contact
    R J Edwards

    Listing agent R J Edwards

    Listing office Rock House Realty LLC 15122 STATE ROUTE 664 S STE A, Logan, OH

    Listing date Oct 6, 2025

    MLS# 225037822

    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.

    Overview

    39.5 Acres in Hocking County

    This is an opportunity to own approximately 39.5 acres of unsurveyed land in Hocking County. The property offers potential for a private retreat, recreational area, or future development. The wooded acreage is suitable for hunting, hiking, or building. Its location provides both privacy and accessibility, making it suitable for a cabin site, family compound, or long-term investment in the Hocking Hills area. The land is located minutes from State Route 33, approximately 10 minutes from Hocking Hills State Park hiking trails, and close to restaurants, shops, and local attractions. The final acreage will be determined after a survey is completed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Logan
    County
    Hocking
    State
    Ohio
    Longitude
    -82.507317
    Latitude
    39.499934

    Nearby Similar for Sale

    • $319,000

      Riverfront Commercial Land Opportunity

      7.43 acre commercial land parcel along the Hocking River.
      Chieftain Drive, Logan, OH 43138
      View Details
    • $179,999

      Hocking Hills Land Opportunity

      5.03 acres in Hocking Hills, ready for development.
      20843 Sterling Road, Logan, OH 43138
      View Details
    • $179,999

      Hocking Hills Acreage Opportunity

      5.63 acres ideal for short-term rental or private getaway.
      20795 Sterling Road, Logan, OH 43138
      View Details
    • $165,000

      Secluded Hocking Hills Land Parcel

      4.4-acre Hocking Hills property ready for building.
      20000 Kalklosch Road, Logan, OH 43138
      View Details
    • $209,999

      Hocking Hills Wooded Acreage

      Five wooded acres near Hocking Hills State Park.
      Clay Hill RD, Logan, OH 43138
      View Details
    • $189,999

      Developed Land in Hocking Hills

      5-acre lot primed for development near Hocking Hills attractions.
      Nixon Road, Logan, OH 43138
      View Details
    • $40,000
      24,000 SF

      Residential Lot in Logan, OH

      Residential lot with utilities, convenient location near Logan.
      Highland Park Road, Logan, OH 43138
      View Details
    • $335,000

      Hocking Hills Area Land Parcel

      4-acre parcel with utilities near Hocking Hills attractions.
      Ohio 664, Logan, OH 43138
      View Details
    • $180,000

      Hocking Hills Wooded Acreage

      Two parcels totaling 13.57 acres in Logan, Ohio.
      9847 Stage Road, Logan, OH 43138
      View Details
    • $269,000

      Wooded Acres for Custom Home

      10 wooded acres near Hocking Hills State Park.
      Gore-Greendale Road, Logan, OH 43138
      View Details
    • $1,400,000

      Spacious Acreage in Logan, Ohio

      70-acre lot near Hocking Hills, ideal for homestead or hunting.
      V/L Logan Horns RD, Logan, OH 43138
      View Details
    • $310,000

      Post Frame Building on Acres

      Post frame building with lean-to on 2+ acres.
      38575 Davis Chapel Rd, Logan, OH, 43138-8696
      View Details

    FAQs

    What type of property is this?
    Land - Unsurveyed land in Hocking County, ideal for recreation or development.
    Where is this land located?
    The property is located at Pleasant Valley Road Logan, OH.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Prime Location: Minutes from SR 33 and 10 minutes from Hocking Hills State Park.; Expansive Acreage: Approximately 39.5 acres of unsurveyed land.; Versatile Potential: Ideal for a private retreat, recreational haven, or future development.
    (740) 404-3109
    We can help!
    Listing Contact
    R J Edwards
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!