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    Flexible Industrial Property For Sale Title is generated by Realmo AI

    820-840 Mansfield Ave, Columbus, OH

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    Industrial property with flexible layout and expansion potential.

    Type:INDUSTRIAL
    Property size:
    14,414 SF
    Lot size:
    1.08 Acres
    Price / SF:
    $111/SF
    Added:
    Sep 11, 2025
    Days on Market:
    278
    Last Refresh:
    May 20 at 9:15 pm

    Property Features for 820-840 Mansfield Ave

    General Information

    Standard status
    Active
    Size
    14,414 SF
    Lot size
    1.08 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Derek Lichtfuss
    Derek Lichtfuss

    Listing agent Derek Lichtfuss

    Listing office Newmark | Columbus

    Listing date Sep 11, 2025

    Source Moodyscre

    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 Newmark | Columbus

    HighLights

    • Flexible layout: multi‑tenant or single‑tenant/owner‑occupant
    • Located in an Opportunity Zone
    • Separately metered utilities
    • Expansion potential to the south
    • Two rolling security gates provide added security.
    • Secure access system with door controls.

    Overview

    This industrial property offers a flexible layout suitable for either multi-tenant or single-tenant/owner-occupant use. The property features separately metered utilities and two rolling security gates. Located in an Opportunity Zone, the site also offers expansion potential to the south. A secure access system with door controls is in place, and a storage shed with power is included. The property size is 14414 square feet.

    Local Financial Insights For Flex RnD

    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 $242.2k $16.80
    − Vacancy −$21.8k −$1.51
    EGI $220.4k $15.29
    − OpEx −$77.1k −$5.35
    NOI $143.2k $9.94
    14,414 SF · lease $16.80/SF/yr · vacancy 9.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $2.05M
    $1.79M – $2.39M (±1% cap)
    NOI $143,235 @ 7.0% cap · market cap 8.95%
    Second Best
    Warehouse
    $988.7K
    $865.1K – $1.15M (±1% cap)
    NOI $69,208 @ 7.0% cap · market cap 4.33%
    Theoretical Best
    Office A
    $3.00M
    $2.63M – $3.50M (±1% cap)
    NOI $210,277 @ 7.0% cap · market cap 13.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Similar Places Nearby

    • Harry's Grill Station — 737 Parkwood Ave, Columbus, OH 43219
    • 5th Avenue Fresh LLC — 737 Parkwood Ave, Columbus, OH 43219
    • FEED THE NEED — 738 Parkwood Ave, Columbus, OH 43219
    • Natural Gourmet Foods — 737 Parkwood Ave, Columbus, OH 43219
    • Chef Capaldi — 737 Parkwood Ave, Columbus, OH 43219

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -82.9641
    Latitude
    39.9836

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    FAQs

    What type of property is this?
    Flex space - Industrial property with flexible layout and expansion potential.
    Where is this flex space located?
    The property is located at 820-840 Mansfield Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Flexible layout: multi‑tenant or single‑tenant/owner‑occupant; Located in an Opportunity Zone; Separately metered utilities
    (614) 883-1239 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Derek Lichtfuss
    Derek Lichtfuss
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