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

    1075 Ashland Rd Mansfield, OH 44905

    For Sale
    Contact for pricing

    Prime Mansfield location, high traffic, value-add opportunity.

    Property size:
    11,218 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 11,218-square-foot retail property presents a compelling value-add investment opportunity. Situated on a 2.93-acre lot in Mansfield, Ohio, this former Class A pharmacy boasts a prime hard-corner location at the signalized intersection of Ashland Road (US 42) and Stewart Road. Benefitting from high traffic counts and excellent visibility, this single-story building offers convenient access and significant exposure, directly adjacent to the UH Samaritan Richland Health Center and positioned off the busy US-30 Ashland Road exit. The property includes 53 parking spaces and a drive-thru, enhancing its appeal to a variety of potential tenants. Its strategic location across from a major Kroger with a fuel center, Wendy's, McDonald's, and other national retailers, further amplifies its desirability. The building, constructed in 1998, is zoned C and features prominent signage. This vacant property presents a unique chance to capitalize on its existing infrastructure and prime location within a thriving retail corridor. The property's APN is 025-09-059-14-002. This is a rare opportunity to acquire a substantial retail space in a high-demand area.

    Property Features for 1075 Ashland Rd

    General Information

    Property type
    Restaurants
    Square Feet
    11,218 SF
    Class
    A

    Building Details

    Year Built
    1998
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 11,218 SF former pharmacy building on a 2.93‑acre lot.
    • Hard corner location at a signalized intersection with high traffic counts in Mansfield, Ohio.
    • Located at the intersection of Ashland Road (US 42) and Stewart Road, adjacent to US‑30 exit.
    • Directly adjacent to UH Samaritan Richland Health Center.
    • Drive‑thru equipped building with excellent visibility.
    • Prominent signage; across from Kroger with fuel center, Wendy's, McDonald's, and other national retailers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    higi Health Consultant Rite Aid Pharmacy Pharmacy Casey L. Somerlot, ... Pharmacy Rite Aid Drug Store Western Union Money Transfer Service

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Richland
    State
    Ohio
    Longitude
    -82.474653129093
    Latitude
    40.776869494779

    Nearby Similar for Sale

    • Contact for pricing
      25,000 SF

      Versatile Commercial Space in Mansfield

      25,000 sq ft commercial space ideal for various businesses.
      850 4Th St, Mansfield, OH 44906
      View Details
    • $87,900

      Multi-Family in Quiet Neighborhood

      Income-generating multi-family property near downtown Mansfield.
      524 Lida St, Mansfield, OH 44903
      View Details
    • $339,900
      7,980 SF

      Versatile Commercial Property in Mansfield

      7,980 sq ft commercial building with automotive garage.
      530 Pearl Ave, Mansfield, OH 44905
      View Details
    • $379,995
      2,400 SF

      Ontario Commercial Building For Sale

      Professional building in Ontario, ideal for office or retail.
      25 Lexington Springmill Rd, Mansfield, OH 44906
      View Details
    • $199,900
      0.15 Acres

      Updated Triplex in Mansfield, Ohio

      Partially rented triplex with updates and strong cash flow.
      30 Douglas Ave, Mansfield, OH 44906
      View Details
    • New
      $149,900
      4,400 SF

      Established Retail Building For Sale

      Well-maintained 4,400 SF retail building in Mansfield, Ohio.
      160 Mulberry St, Mansfield, OH 44902
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Mansfield location, high traffic, value-add opportunity.
    Where is this restaurant located?
    The property is located at 1075 Ashland Rd Mansfield, OH.
    What are key features of this property?
    This property features: 11,218 SF former pharmacy building on a 2.93-acre lot.; Hard corner location at a signalized intersection with high traffic counts in Mansfield, Ohio.; Located at the intersection of Ashland Road (US 42) and Stewart Road, adjacent to US-30 exit.
    Request Owner's contact information
    1075 Ashland Rd Mansfield, OH 44905
    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.
    1075 Ashland Rd
    Mansfield, OH 44905
    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
    1075 Ashland Rd Mansfield, OH 44905
    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.