735 Old Mcarthur Rd Logan, OH 43138
This exceptional 5.15-acre commercial property in Logan, Ohio, presents a remarkable investment opportunity. Located at the highly visible corner of 664 North and Old McArthur Road, this 224,334 square foot lot boasts a daily traffic count exceeding 10,000 vehicles. Its strategic location less than a mile from major retailers like McDonald's, Walmart, and Old Dutch Restaurant at the Highway 33 interchange ensures significant exposure and accessibility. Built in 1900, the property's versatility allows for multiple development possibilities, catering to a range of commercial and residential uses. The property is zoned for commercial, apartment building, and residential use, including duplex/triplex/quadruplex structures. This presents a unique chance to capitalize on the thriving Hocking Hills market. The asking price is $999,500. Serious inquiries are encouraged to schedule a viewing. This is a rare opportunity to acquire a substantial parcel of land in a high-traffic area with significant potential for growth and return on investment. The property's size and location make it an ideal candidate for a variety of development projects, from retail spaces to multi-family dwellings. Don't miss this chance to secure a prime piece of real estate in a rapidly developing area.
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
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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.