993 State St Athens, OH 45701
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.
-
Solid cash advance Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.