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    5840 Township Road 248 Logan, OH 43138

    Sponsored
    For Sale
    $599,900

    Four wooded lots, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional offering comprises four stunning, heavily treed lots, each spanning approximately 8.3 acres (1,524,600 square feet total). Located in Logan, Ohio, in Perry County, at 5840 Township Road 248, zip code 43138 (39.6360872, -82.3687668), this property presents a unique opportunity for investors or developers seeking land with natural beauty. The land boasts a picturesque landscape featuring rolling hills and several creeks, creating a serene and secluded environment. Each individual lot is priced at $150,000, or the entire 33.2-acre parcel is available for $599,900. The substantial acreage provides ample space for various development projects, from residential subdivisions to recreational retreats. The heavily wooded nature of the land offers privacy and a connection to nature, while the presence of creeks adds to the aesthetic appeal and potential for diverse uses. This property is conveniently located in Logan, Ohio, offering easy access to local amenities and transportation routes. Serious inquiries are encouraged to explore the possibilities of this remarkable land opportunity. The property is being sold as-is.

    Property Features for 5840 Township Road 248

    General Information

    Property type
    Land

    HighLights

    • $599,900 asking price for a land parcel.
    • 1,524,600 square foot lot size.
    • Located at 5840 Township Road 248, Logan, OH 43138.
    • Property consists of four 8.3‑acre lots, heavily wooded with hills and creeks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency HVAC Service Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Logan
    County
    Perry
    State
    Ohio
    Longitude
    -82.3687668
    Latitude
    39.6360872

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    FAQs

    What type of property is this?
    Land - Four wooded lots, ideal for development.
    Where is this land located?
    The property is located at 5840 Township Road 248 Logan, OH.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: $599,900 asking price for a land parcel.; 1,524,600 square foot lot size.; Located at 5840 Township Road 248, Logan, OH 43138.
    Request Owner's contact information
    5840 Township Road 248 Logan, OH 43138
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    Logan, OH 43138
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    Realmo Value Estimation

    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.

    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.

    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
    5840 Township Road 248 Logan, OH 43138
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