Office Units with Conference
For Sale
Contact for pricing
31480 Chieftain Drive, Logan, OH 43138
A flexible layout can support as many as six private offices and offers two conference rooms.
Property Size4,000 SF
Price / SF$0.53
Days on Market28
Property Features for 31480 Chieftain Drive
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Mixed Use
Additional Details
Condition
Turnkey
Property Use
Office
Listing Agency:
Live Well Home Group
Listed By:
Amber Herbster
(614) 300-5326
Source:
Livewellhomegrp
Added: Oct 2
Changed: Oct 28
Last Checked: Oct 28 at 3:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Live Well Home Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property in Logan is configured for up to six private offices. Two conference rooms provide additional meeting space; one can instead function as a reception and client waiting area. The layout also includes two private half-baths. Office furniture may be purchased separately.
The property is at 31480 Chieftain Drive, near Kroger and local shops.
The property is at 31480 Chieftain Drive, near Kroger and local shops.
Key Highlights
- Layout accommodates up to 6 private offices
- Two conference rooms; one can serve as reception and waiting space
- Two private half‑baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,248
Suggested Prices Based on Cap Rates
Cap Rate 5%
$984,960
$985.0K
Cap Rate 7%
$703,543
$703.5K
Cap Rate 9%
$547,200
$547.2K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$86.4K $21.60/SF
− Vacancy
−$20.7K −$5.18/SF
EGI
$65.7K $16.42/SF
− OpEx
−$16.4K −$4.10/SF
NOI
$49.2K $12.31/SF
Area
Hocking County, OH
Vacancy
24.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$984,960
Cap Rate 7%
$703,543
Cap Rate 9%
$547,200
Alternative Uses
Best Use
Office B
$703.5K
$615.6K – $820.8K
NOI $49,248 @ 7.0% cap · market cap 2,345.14%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$806.2K
$705.4K – $940.6K
NOI $56,435 @ 7.0% cap · market cap 2,687.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Explore this area
Business Placement
Demographics for 43138, OH
18,445
Population
8,457
Households
2.2
Avg Household Size
42
Median Age
14%
College-Educated
87%
High-School Grad
175.8 sq mi
ZIP Area
105
Density / Sq Mi
$65,028
Median Household Income
$37,920
Median Earnings
$766
Median Rent
$169,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible layout can support as many as six private offices and offers two conference rooms.
Where is this office unit located?
The property is located at 31480 Chieftain Drive Logan, OH.
What are key features of this property?
This property features: Layout accommodates up to 6 private offices; Two conference rooms; one can serve as reception and waiting space; Two private half‑baths
