Industrial Distribution
801-809 Longview Avenue, Mansfield, OH 44906
For Sale
Contact for pricing
A newer roof and multiple loading options support warehouse and distribution operations.
Property Size52,164 SF
Lot Size4.60 Acres
Days on Market30
Property Features for 801-809 Longview Avenue
General Information
Standard status
Size
Lot size
Warehouse & Industrial
Dock-High Doors
Drive-In Doors
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Listing Agency:
Haring Realty, Inc.
(419) 756-8383
Listed By:
Nathan B. Neal · License OH #2014000903
(419) 571-2276
Source:
Exprealty
Added: Oct 15
Changed: Nov 12
Last Checked: Nov 12 at 12:54PM
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 52,164-square-foot industrial facility offers 8 dock-high doors and 3 drive-in doors. A newer roof serves the building, while the 4.6-acre site provides parking and space for truck circulation.
US Route 30 runs along the property, with an access point roughly a quarter-mile west. Interstate 71 is 7 miles east, connecting the facility to the area's highway network.
US Route 30 runs along the property, with an access point roughly a quarter-mile west. Interstate 71 is 7 miles east, connecting the facility to the area's highway network.
Key Highlights
- 52,164‑square‑foot industrial facility on a 4.6‑acre site
- 8 dock‑high doors and 3 drive‑in doors
- Newer roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$214,352
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,287,040
$4.3M
Cap Rate 7%
$3,062,171
$3.1M
Cap Rate 9%
$2,381,689
$2.4M
Market Conditions
NOI Build-Up for 52,164 SF
Gross rent
$334.4K $6.41/SF
− Vacancy
−$28.2K −$0.54/SF
EGI
$306.2K $5.87/SF
− OpEx
−$91.9K −$1.76/SF
NOI
$214.4K $4.11/SF
Area
Richland County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,287,040
Cap Rate 7%
$3,062,171
Cap Rate 9%
$2,381,689
Alternative Uses
Best Use
Warehouse
$3.72M
$3.25M – $4.34M
NOI $260,285 @ 7.0% cap
Second Best
Industrial
$3.06M
$2.68M – $3.57M
NOI $214,352 @ 7.0% cap
Theoretical Best
Office A
$10.49M
$9.18M – $12.24M
NOI $734,636 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
8
Dock-high doors
3
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Balanced
Demand for This Use
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
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Lock It Up West — 1201 W Longview Ave, Mansfield, OH 44903
- Trimble Road Self Storage — 622 N Trimble Rd, Mansfield, OH 44906
Frequently Asked Questions
What type of property is this?
Warehouse - A newer roof and multiple loading options support warehouse and distribution operations.
Where is this warehouse located?
The property is located at 801-809 Longview Avenue Mansfield, OH.
What are key features of this property?
This property features: 52,164‑square‑foot industrial facility on a 4.6‑acre site; 8 dock‑high doors and 3 drive‑in doors; Newer roof
