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Property profile & analytics
FOR SALE
Commercial land

42 Hocking Mall Logan, OH 43138

15.97 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US66-4853339
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hocking Hills Chic Boutique Logan Clothing & Fashion Store
  • All the Buzz Hair Salon
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
Rj Edwards · 2 yrs held
Rj Edwards
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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