Technical
Financial
Distress signals
Property profile

28 Hocking Mall Logan, OH 43138

OFF-MARKET
Community centers
Property ID
US66-4595526
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional special-purpose property, located at 28 Hocking Mall, offers a unique investment opportunity in a thriving Southeastern Ohio market. The single-tenant building encompasses 100,866 square feet situated on a 12.27-square-foot lot, with convenient access to State Route 664. Its prime location along Chieftain Drive, the area's main commercial thoroughfare, ensures high visibility and accessibility. The property benefits from the presence of two national anchor tenants, further solidifying its position within the retail landscape. Adding to its appeal, the mall enjoys proximity to major retailers such as Kroger, Walmart, Dairy Queen, and McDonald's, all within a half-mile radius. The area's strong tourism draw, attracting over 5 million visitors annually due to its proximity to Hocking Hills and Lake Logan, contributes significantly to the property's potential. A substantial residential population of approximately 14,300 residents within a 5-mile radius provides a robust local customer base. Flexible lease options are available, offering spaces ranging from a minimum of 2,500 square feet up to a maximum of 25,000 square feet, catering to a variety of business needs. The property's APN is 04-002688.0102. This presents a compelling opportunity for businesses seeking a well-established location with significant foot traffic and strong market presence in a popular tourist destination.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Construction BRICK
APN 04-002688.0102
UPID US66-4595526

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pet Store & Service

Location

28 Hocking Mall Logan, OH 43138-1000
Logan metro Census 965300 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.34M

Owner & transaction history

since 2023
Last sale
$2.5M
4 recorded transactions
2023
$2.5M
2023
Price N/A
2023
$2.5M
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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