37062 Hocking Dr Logan, OH 43138
Two commercial properties tailored for welding, machining, metal, and lumber.
- Added:
- Jun 20, 2025
- Days on Market:
- 388
- Last Refresh:
- Jun 22 at 5:12 am
Property Features for 37062 Hocking Dr
General Information
- Standard status
- Active
- Size
- 18,944 SF
- Lot size
- 3.67 Acres
- Property subtype
- Business for Sale, Industrial
Listing office CENTURY 21 Darfus Realty (740) 304-4910
Listing date Jun 20, 2025
Source Crexi
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 CENTURY 21 Darfus Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Turnkey industrial facility with 18,944 sq. ft. of versatile workspace suitable for precision welding, metal sales, CNC machining, and lumberyard operations.
- Strategically located in Logan, Ohio, on 3.67 acres with easy access to major highways and distribution routes.
- Includes dedicated storefront and office space for administrative operations.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $413.7k | $21.84 |
| − Vacancy | −$99.3k | −$5.24 |
| EGI | $314.4k | $16.60 |
| − OpEx | −$94.3k | −$4.98 |
| NOI | $220.1k | $11.62 |
