Technical
Financial
Distress signals
Property profile

42 Hocking Mall Logan, OH 43138

FOR SALE
Commercial land
Property ID
US66-4853339
15.97 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.16-acre commercial outparcel presents a unique investment opportunity in Logan County, Ohio. Strategically located with convenient access from State Route 664, this single-tenant property boasts a significant 50,530 square foot lot size. The site benefits from its position within a thriving retail hub, enjoying close proximity to established businesses such as Aldi, Tractor Supply, Kroger, Dairy Queen, and CVS. This prime location offers unparalleled access to the booming Hocking Hills tourism market, attracting over 6 million visitors annually. The high visibility and substantial traffic flow make this property ideal for a variety of commercial developments, capitalizing on the consistent influx of tourists and local residents. The property's size and location provide ample opportunity for significant return on investment. This is a rare chance to secure a prominent commercial site in a rapidly growing area with exceptional potential for long-term success. The property is situated in Hocking County and is designated as commercial land. This presents a compelling opportunity for businesses seeking to establish a strong presence in a high-demand location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 15.97 ac (695,453 SF)
APN 04-002688.0101
UPID US66-4853339

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
  • Clothing & Fashion Store
  • Hair Salon

Location

42 Hocking Mall Logan, OH 43138
Logan metro Census 965300 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.45M

Owner & transaction history

since 2023
Last sale
$2.5M
5 recorded transactions
2023
$2.5M
2023
Price N/A
2023
$2.5M
2014
$366,350
2014
$366,350

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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