Updated Office Unit with
535 Beer Road 100, Mansfield, OH 44906
For Sale
New
Contact for pricing
The interior includes office rooms, a meeting area, kitchenette, and three restrooms.
Property Size66,694 SF
Price / SF$0.07
Days on Market2
Property Features for 535 Beer Road 100
General Information
Standard status
Size
Total Parking Spaces
Additional Details
Property Use
Listing Agency:
Dzugan Real Estate Services
(419) 683-3100
Listed By:
Joseph A Dzugan · License #2005004867
(419) 295-5183
Source:
Maryhatem
Added: Nov 8
Last Checked: Nov 8 at 3:24PM
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 Dzugan Real Estate Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit contains 2,974 square feet of updated space, with a layout that can accommodate up to seven offices. Additional interior areas include a lobby, meeting room, kitchenette, and three restrooms. A three-stall garage provides a further 1,440 square feet of space.
Key Highlights
- 2,974 sf of updated office space
- Layout supports up to 7 offices, plus a lobby and meeting room
- Kitchenette and 3 restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$702,288
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,045,760
$14.0M
Cap Rate 7%
$10,032,686
$10.0M
Cap Rate 9%
$7,803,200
$7.8M
Market Conditions
NOI Build-Up for 66,694 SF
Gross rent
$1.20M $18.00/SF
− Vacancy
−$264.1K −$3.96/SF
EGI
$936.4K $14.04/SF
− OpEx
−$234.1K −$3.51/SF
NOI
$702.3K $10.53/SF
Area
Richland County, OH
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,045,760
Cap Rate 7%
$10,032,686
Cap Rate 9%
$7,803,200
Alternative Uses
Best Use
Office B
$10.03M
$8.78M – $11.70M
NOI $702,288 @ 7.0% cap · market cap 14,045.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.42M
$11.74M – $15.65M
NOI $939,265 @ 7.0% cap · market cap 18,785.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
Explore this area
Business Placement
Demographics for 44906, OH
16,566
Population
8,613
Households
1.9
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
19.5 sq mi
ZIP Area
850
Density / Sq Mi
$51,358
Median Household Income
$36,087
Median Earnings
$783
Median Rent
$127,700
Median Home Value
Market
Properties on Market for Office Units in Mansfield
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - The interior includes office rooms, a meeting area, kitchenette, and three restrooms.
Where is this office unit located?
The property is located at 535 Beer Road 100 Mansfield, OH.
What are key features of this property?
This property features: 2,974 sf of updated office space; Layout supports up to 7 offices, plus a lobby and meeting room; Kitchenette and 3 restrooms
