38575 Davis Chapel RdLogan, OH 43138

Property Details for 38575 Davis Chapel Rd

Construction

FRAME

Lot size

2.09 AC

Property size (Sq ft)

4,740 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

06-000084.1300

APU

60000841300

Description

This exceptional mixed-use property, situated on a generous 2.09-acre lot, presents a unique investment opportunity. The main structure is a substantial 4,740 square foot post-frame building, measuring 50 feet by 72 feet with a 16-foot ceiling height. Adding to its versatility, the property includes a 10-foot by 24-foot enclosed lean-to and a 10-foot by 20-foot open lean-to, creating a wrap-around extension to the main building. An additional 30-foot by 30-foot building, with a 14-foot ceiling height, is attached, providing further space and potential uses. The interior features two well-appointed offices and a dedicated conference room, ideal for a variety of business needs. Conveniently located just two miles from State Route 33 on State Route 595, this property offers excellent accessibility. Modern conveniences are readily available, including public water and high-speed internet access provided by Nelsonville Cable. The expansive acreage provides ample room for expansion, parking, or outdoor activities. This property is priced competitively at $379,900 and offers significant potential for a wide range of uses. Don't miss this chance to acquire a versatile and well-located commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,212,880

  6.5%

  $1,119,582

  7%

  $1,039,611

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,117,317

  Geo Method

  $1,117,317

• Alternative Use

  Use

  Valuation

  Residential

  $944,409

  Hospitality

  $865,073

  Educational

  $719,731

  Medical

  $744,484

  Retail

  $1,119,582

Location Insight

City

Logan

County

Hocking

State

Ohio

Latitude

39.5097

Longitude

-82.3074

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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