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Property profile & analytics

232 Main St Logan, OH 43138-1608

  • Retail space
  • 2,856 SF
OFF-MARKET
Value Estimation
$150,000
Last Sale
Dec 17, 2024
$160,000
Location Intelligence
Property ID
US66-5009837
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Hague Quality Water / Bottled Water Supplier
  • Arab Pest Control / Pest Control Service
  • Lewellen's Services / Pest Control Service / Bottled Water Supplier

Property Details for 232 Main St

Construction
FRAME
Property size
2,856 SF
Property type
Retail space
APN
04-000404.0000
APU
40004040000

Description

This exceptional commercial property, located at 232 W Main Street in Logan, Ohio, presents a unique investment opportunity. Priced at $199,000, this special-purpose building boasts a total of 2,856 square feet, all of which is net rentable. The building sits on a 3,049.2 square foot lot, offering a price per square foot of $69.68. The main floor features a flexible open storefront area ideal for retail or other commercial uses, complemented by approximately 2,000 square feet of warehouse space. This provides ample room for storage, inventory, or production. Upstairs, a separate entrance leads to a versatile 800-square-foot space, currently configured as a one-bedroom, one-bathroom apartment with a kitchen and large open room. This area could easily be adapted for office space, providing additional income potential or space for business expansion. The property's prime downtown Logan location offers excellent visibility and accessibility, placing it within a thriving and vibrant community. This building is a blank canvas, ready for your entrepreneurial vision to flourish. The property's versatility makes it suitable for a wide range of commercial uses, offering a significant return on investment. The combination of retail space, warehouse storage, and upper-level apartment/office space makes this a truly unique opportunity. This property is ready for immediate occupancy.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $160,000
  • CAP approach

    CAP return
    Estimation
    6%
    $125,000
    6.5%
    $130,000
    7%
    $125,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $130,000
    Geo Method
    $135,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $110,000
    Retail
    $90,000
    Mixed-Use
    $95,000
    Hospitality
    $110,000
    Educational
    $125,000
    Residential Income
    $110,000
    Energy
    $115,000
    Income-Based Land
    $120,000
    Food Service
    $105,000

Location Insight

  • Map
  • Local Demand
City
Logan
County
Hocking
State
Ohio
Longitude
-82.4126
Latitude
39.5407
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$841
$9,320
$8,420
$17,740
-
$26,630
$24,060
$50,690
More about this property
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