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    775 Lexington Ave Mansfield, OH 44907

    For Sale
    $1,400,000

    Commercial - Mansfield, OH

    Property size:
    13,568 SF
    Lot size:
    0.57 Acres
    Days on Market:
    159
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 775 Lexington Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0289006102000
    Size
    13,568 SF
    Lot size
    0.57 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1979
    Flooring type
    Concrete
    Roof type
    Composition
    Architectural style
    Other

    REMAX FIRST REALTY (419) 524-6283 [email protected]

    Listing agent Faith I Deal (419) 524-6283

    Listing date Jul 8, 2025

    MLS# 9066344 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

    Office Building on SR 42

    This L-shaped office building is located on SR 42, offering high visibility and traffic. The main level has approximately 1800 square feet available to build to suit, with the option to create one suite or split it into two. The second level is also ready to be built to suit. The property is positioned in an infill location, near residential and office buildings. The building is suited for income-producing tenants. There are two long-term tenants in place generating significant income. The property is situated on a 0.567-acre lot. The building has a total living area of 13568 square feet. The property is located in Mansfield, OH.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kristi Boyce Social Worker Mary Rufer, LISW Mental Health Service Imperial Autism Connections Special Education School Jocelyn King Counselor Andrea King Counselor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Richland
    State
    Ohio
    Longitude
    -82.5323111
    Latitude
    40.7353836

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    FAQs

    What type of property is this?
    Office building - L-shaped office building with high visibility and traffic count.
    Where is this office building located?
    The property is located at 775 Lexington Ave Mansfield, OH.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - High visibility location on SR 42 with significant traffic.; - Income-producing property with two long-term tenants in place.; - Owner-occupied, ideal for investors to offset mortgage costs.
    (419) 524-6283
    Request Owner's contact information
    775 Lexington Ave Mansfield, OH 44907
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    Mansfield, OH 44907
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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
    775 Lexington Ave Mansfield, OH 44907
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