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    1240 4Th St Mansfield, OH 44906

    For Sale
    $349,900

    Commercial - Mansfield, OH

    Property size:
    312,325 SF
    Lot size:
    7.17 Acres
    Days on Market:
    126
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 1240 4Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0270421408000
    Size
    312,325 SF
    Lot size
    7.17 Acres

    Utilities

    Heating system
    See Remarks (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Roof type
    Other
    Architectural style
    Other

    Keller Williams Legacy Group Realty (330) 433-6005 [email protected]

    Listing agent Morgan Armstrong (419) 540-0533

    Listing date Aug 5, 2025

    MLS# 9066936 Listing URL

    Copyright © 2025 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mansfield Commercial Land Opportunity

    This 7.17-acre commercial land parcel is zoned B-2, offering potential for various approved commercial uses, including supermarkets, recreational facilities, mini-warehouses, and hotels. The site benefits from strong traffic flow, proximity to established businesses, and nearby residential neighborhoods. This property is located in Mansfield, OH, in Richland County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Richland
    State
    Ohio
    Longitude
    -82.5589684
    Latitude
    40.7672679

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    FAQs

    What type of property is this?
    Commercial land - 7.17 acres of B-2 zoned commercial land for sale.
    Where is this commercial land located?
    The property is located at 1240 4Th St Mansfield, OH.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: - 7 Acres of Prime B-2 Commercial Land; - Zoned B-2 with endless potential; - Highly visible and accessible location
    (419) 540-0533
    Request Owner's contact information
    1240 4Th St Mansfield, OH 44906
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    Mansfield, OH 44906
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1240 4Th St Mansfield, OH 44906
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