Corner Lot Flex Warehouse

426 S Diamond St Mansfield, OH 44902

Claim this Listing
For Sale
$99,900

Flex warehouse on a corner lot with two drive-in doors, front retail/office area, and ample on-site parking.

Property size:
2,156 SF
Price / SF:
$46/SF
Added:
Jun 19, 2026
Days on Market:
24
Last Refresh:
Jul 10 at 3:44 am

Property Features for 426 S Diamond St

General Information

Standard status
Active
Size
2,156 SF

Listing office Haring Realty, Inc.

Listing date Jun 19, 2026

Source Exprealty

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

All listing content including descriptions, pricing, images are the copyrighted material of Haring Realty, Inc.


Investment Insights

Based on property information with market context.

This flex warehouse offers a combination of functional warehouse space and a front retail/office area. The building includes two drive-in doors, supporting practical vehicle and delivery access. The property also provides ample on-site parking to serve customer and contractor needs.

The site is positioned on a corner lot with excellent visibility and strong traffic volume. Please note the property is subject to deed restrictions that prohibit certain uses, including convenience stores, fuel centers, and tobacco/alcohol sales; the full list is available in the attached deed restrictions or through the agent.

Zoned B-1, the building is well suited for a variety of commercial or contractor-type uses consistent with the deed restrictions.

Key Highlights

  • Zoned B‑1 and located on a corner lot with strong traffic volume and visibility
  • Building includes two drive‑in doors plus a front retail/office area
  • Ample on‑site parking included

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $13.8k $6.41
− Vacancy −$1.2k −$0.54
EGI $12.7k $5.87
− OpEx −$3.8k −$1.76
NOI $8.9k $4.11
2,156 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 30.00%

Alternative Uses

Best Use
Retail
$297.4K
$260.3K – $347.0K (±1% cap)
NOI $20,820 @ 7.0% cap · market cap 20.84%
Second Best
Warehouse
$153.7K
$134.5K – $179.3K (±1% cap)
NOI $10,758 @ 7.0% cap · market cap 10.77%
Theoretical Best
Office A
$433.8K
$379.5K – $506.1K (±1% cap)
NOI $30,363 @ 7.0% cap · market cap 30.39%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Big Box & Wholesale Store Gym & Fitness Center Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Pet Grooming Service Bakery Florist Garden Center

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

Similar Off Market Nearby

  • Ed Pickens Events & Catering — 28 n main st, mansfield, oh 44902
  • MD Creative Blends — 13 park ave west barrington one building lower level, mansfield, oh 44902
  • Gertz Culinary & Catering — 144 W 3rd St, Mansfield, OH 44902
  • China Club — 32 N Main St, Mansfield, OH 44902
  • Tfloh10 — Wagonwood Dr NW, Mansfield, OH 44905

FAQs

What type of property is this?
Flex space - Flex warehouse on a corner lot with two drive-in doors, front retail/office area, and ample on-site parking.
Where is this flex space located?
The property is located at 426 S Diamond St Mansfield, OH.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Zoned B‑1 and located on a corner lot with strong traffic volume and visibility; Building includes two drive‑in doors plus a front retail/office area; Ample on‑site parking included
Contact an agent
More about this property
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