Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    17 Mansfield Ave Shelby, OH

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,261,334

    NNN leased Family Dollar with a new 10-year term.

    Property size:
    9,180 SF
    Lot size:
    0.88 Acres

    Property Features for 17 Mansfield Ave

    General Information

    Size
    9,180 SF
    Lot size
    0.88 Acres

    Source: Matthews Real Estate Investment Services | Dallas Agent Josh Bishop

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Family Dollar Investment Opportunity

    This property features a build-to-suit construction completed in 2010 for Family Dollar. The tenant has recently extended their lease to a new full 10-year term. There are two remaining 5-year renewal options, each including a 10% rent increase. Family Dollar has operated at this location for 14 years. The property experiences approximately 13,000 vehicles daily at the intersection of E Main St. & Mansfield Ave. The 5-mile population is approximately 10,134 residents, and the 10-mile population is approximately 13,391 residents. The property is a strong corporately guaranteed lease.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Similar Places Nearby

    Dawn M. Wechter, RPh, Marcia A. Triska, RPH, Michelle Y. Krietemeyer, RPH, Discount Drug Mart Deli, Mark E. Reed, RPh

    Map

    City
    Shelby
    County
    Richland
    State
    Ohio
    Longitude
    -82.6807458
    Latitude
    40.8577148

    Nearby Similar for Sale

    • $995,000
      4,412 SF

      Turnkey Retail Meat and Deli

      Well-known, full-service retail meat and deli with custom processing.
      5001 Oh-39, Shelby, OH 44875
      View Details
    • $499,900
      50,000 SF

      Former Insurance Building on 2.22 Acres

      50,000 SF commercial building with unlimited potential.
      19 Mansfield Ave, Shelby, OH 44875
      View Details
    • $129,900
      2,185 SF

      Mixed-Use Building in Shelby, OH

      Mixed-use property with retail space and residential income.
      38 Main St, Shelby, OH 44875
      View Details
    • Contact for pricing
      39,637 SF

      Shelby Commercial Gem: 39,637 SF

      Historic Shelby building, adaptive reuse potential.
      140 Mansfield Ave, Shelby, OH 44875
      View Details
    • Contact for pricing

      Downtown Shelby Commercial Lot

      Prime 0.34-acre lot, endless potential.
      108 Main St, Shelby, OH 44875
      View Details
    • $1,150,000

      Historic Shelby Commercial Building

      Prime location, adaptive reuse potential.
      140 Mansfield Ave, Shelby, OH 44875
      View Details

    FAQs

    What type of property is this?
    Drug store - NNN leased Family Dollar with a new 10-year term.
    Where is this drug store located?
    The property is located at 17 Mansfield Ave Shelby, OH.
    What is the asking price?
    The asking price for this property is $1,261,334.
    What are key features of this property?
    This property features: - Strong corporately guaranteed lease provides security.; - Tenant recently extended their lease to a new full 10-year term.; - Family Dollar has successfully operated at this location for 14 years.
    (315) 730-6228
    Request Owner's contact information
    17 Mansfield Ave Shelby, OH
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17 Mansfield Ave
    Shelby, OH
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    17 Mansfield Ave Shelby, OH
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.