428 Mansfield St Bucyrus, OH 44820
This exceptional business opportunity presents a substantial four-story warehouse situated on a lot slightly exceeding one acre in Bucyrus, Ohio. Located in a prime area, this property offers significant redevelopment potential for a discerning investor. The building's structure is reported by the seller to be sound, with cosmetic exterior damage resulting from the 2024 tornado. While no formal reports or inspections are available to independently verify this assessment, the seller maintains the structural integrity remains intact. Electricity is functional on the main level. An existing elevator, though requiring refurbishment, is salvageable and presents a valuable feature for future use. The lift located at the rear of the building is included in the sale. The substantial size and prime location of this warehouse make it an ideal candidate for a variety of commercial ventures. The property's current condition offers a blank canvas for creative vision and strategic development. This is a unique chance to acquire a large-scale property with significant upside in a desirable location. The square footage is not currently available. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.