Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Acreage on Lake Logan Title is generated by Realmo AI

    Evans Road, Logan, OH 43138

    View on Map
    Claim this Listing
    Pending
    $299,900

    LAND - Logan, OH

    Lot size:
    14.91 Acres
    Added:
    May 24, 2021
    Days on Market:
    1836
    Last Refresh:
    Jun 2 at 5:06 pm

    Property Features for Evans Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    02-000203.0000
    Lot size
    14.91 Acres

    Taxes and HOA fees

    Tax Year
    2020
    Tax Annual Amount
    1069

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Zachary T DeLeon

    Listing agent Zachary T DeLeon License #2003013816

    Listing office Keller Williams Greater Cols 603 W Wheeling St., Columbus, OH

    Listing date May 24, 2021

    MLS# 221017593 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 undeveloped waterfront acreage on Lake Logan.
    • Located at the gateway to the Hocking Hills recreation area.
    • Surrounded by the lake on both sides.
    • 14+ acre wooded tract.
    • Potential for long lake views from a future homesite.
    • Ideal for a dream cabin or custom home.

    Overview

    This is an undeveloped 14.91-acre wooded tract located on Lake Logan, situated at the gateway to the Hocking Hills recreation area. The property is surrounded by the lake on both sides. The location offers potential views down the length of the lake from a future homesite atop its ridge and spine. Access is from the north on Evans Road in Logan, OH. The property is located in Hocking County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Logan
    County
    Hocking
    State
    Ohio
    Longitude
    -82.475098
    Latitude
    39.541875

    Nearby Similar for Sale

    • $178,000

      Hocking Hills Land with STR

      Income-producing land in Hocking Hills with existing Airstream STR.
      33323 Lynch Drive, Logan, OH 43138
      View Details
    • $2,040,000

      Hocking Hills Recreational Land Opportunity

      160 acres near Old Man's Cave with development potential.
      29500 Fairview Ridge Road, Logan, OH 43138
      View Details
    • $319,000

      Riverfront Commercial Land Opportunity

      7.43 acre commercial land parcel along the Hocking River.
      Chieftain Drive, Logan, OH 43138
      View Details
    • $159,999

      Hocking Hills Acreage Opportunity

      5.63 acres in Hocking Hills, ideal for cabin rental.
      20795 Sterling Road, Logan, OH 43138
      View Details
    • $160,000

      Logan, OH Triplex Investment

      Triplex near downtown Logan. Great investment opportunity.
      180 Gallagher Avenue, Logan, OH 43138
      View Details
    • $147,000
      190,792 SF

      Hocking Hills Land with Airstream

      Versatile land with existing infrastructure and income-producing Airstream.
      33323 Lynch Drive, Logan, OH 43138
      View Details
    • $199,900
      347,173 SF

      Land Near Hocking Hills Park

      7.97 acres, convenient to Logan and Hocking Hills State Park.
      31551 Bensonhaver Road, Logan, OH 43138
      View Details
    • $995,000

      Hocking Hills Recreational Land Opportunity

      39.5 acres of land near Hocking Hills State Park.
      Pleasant Valley Road, 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
    • $2,300,000
      18,944 SF

      Equipped Industrial Facility on Acreage

      Turnkey industrial facility on 3.67 acres in Logan, Ohio.
      37062 Hocking Drive, Logan, OH 43138
      View Details
    • $229,000

      Industrial Land Ready For Development

      2.5 acre M-1 zoned industrial land with utilities.
      30313 Chieftain Dr, 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

    FAQs

    What type of property is this?
    Land - Undeveloped 14+ acre waterfront property in Hocking Hills recreation area.
    Where is this land located?
    The property is located at Evans Road Logan, OH.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: Rare undeveloped waterfront acreage on Lake Logan.; Located at the gateway to the Hocking Hills recreation area.; Surrounded by the lake on both sides.
    (740) 503-8912
    We can help!
    Listing Contact
    Zachary T DeLeon
    Real Estate License ID: 2003013816
    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

    Thank You for Inquiry
    Evans Road, Logan, OH 43138
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!