1099 4th St Ontario, OH 44906-1945
- Retail space
- 6,400 SF
- 0.76 lot acres
Current Use by Public Records
- Retail space
Property Details for 1099 4th St
- Year built
- 1993
- Construction
- FRAME
- Lot size
- 0.76 lot acres
- Property size
- 6,400 SF
- Property type
- Retail space
- APN
- 027-03-143-18-000
- APU
- 270314318000
Description
This exceptional 6,400 square foot mixed-use building, constructed in 1993 and extensively renovated in 2019, presents a unique investment opportunity in Mansfield, Ohio. Located at 1099 W Fourth St, 44906, this single-story building boasts a flexible layout ideal for a variety of commercial uses, including retail, office, or flex space. The 2019 renovation included a new roof, four updated heating and cooling units, complete ductwork replacement, upgraded plumbing and electrical systems, enhanced security features, and three remodeled bathrooms. Custom office build-outs are already in place, adding immediate functionality. Benefit from excellent visibility and high traffic counts, averaging approximately 27,000 vehicles daily at the intersection of W 4th St and Trimble Rd. Convenient access to US Route 30 (half a mile north) and proximity to Ontario, a major commercial hub in north-central Ohio, further enhance this property's strategic location. The asking price is $599,000, translating to $93.59 per square foot. Note that fitness equipment and accessories are available for separate purchase. This property offers a compelling blend of modern amenities, prime location, and adaptable space, making it an attractive investment prospect.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $670,000
- 6.5%
- $680,000
- 7%
- $640,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $780,000
- Geo Method
- $680,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $770,000
- Retail
- $700,000
- Mixed-Use
- $655,000
- Hospitality
- $795,000
- Educational
- $700,000
- Residential Income
- $795,000
- Energy
- $735,000
- Income-Based Land
- $740,000
- Food Service
- $680,000
Location Insight
- Map
- Local Demand
- City
- Ontario
- County
- Richland
- State
- Ohio
- Longitude
- -82.5541
- Latitude
- 40.7658
- CBSA code
- 31900
- CBSA name
- MANSFIELD, OH METROPOLITAN STATISTICAL AREA