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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

993 State St Athens, OH 45701

2.67 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.67-acre property at 993 East State Street in Athens, Ohio (APN E030340105400), presents a unique opportunity for commercial development. Zoned for manufacturing, this prime location offers flexibility for various uses, including research and development. Its strategic position directly across from "the Market on State" mall ensures high visibility and accessibility. The property has already been surveyed into three smaller, independently sellable tracts, providing options for buyers seeking smaller acreage parcels. All city utilities are readily available at the street. This site boasts the highest city zoning designation – Manufacturing – maximizing development potential. For larger-scale projects, an adjacent 2.574-acre parcel is also available for purchase, creating a combined 5.244 acres – the largest contiguous development site on East State Street. Adding to its appeal, the property's rear boundary borders the Hockhocking Adena Bikeway, offering a desirable amenity. Detailed information is available. Asking price is $1,675,000.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.67 ac (116,305 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Solid cash advance Loan Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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