Property profile

0 Wise Ave Mansfield, OH 44902

OFF-MARKET
Land
1.56 ac lot
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Property summary

AI-generated overview

This exceptional 1.56-acre industrial land parcel presents a compelling investment opportunity in Mansfield, Ohio. Located on Wise Avenue, this property benefits from a highly desirable I-2 Heavy Industrial zoning designation, offering considerable flexibility for a variety of uses. The site's strategic location provides convenient access to major transportation arteries, including easy highway access via nearby Route 13 (N Main St) and Route 30, ensuring efficient logistics and distribution. Its proximity to established businesses, such as Warren Rupp Inc, and the Mansfield Reformatory Preservation property, enhances visibility and potential for synergistic partnerships. The land is ideal for outdoor storage applications, a common and practical use given the I-2 zoning. The asking price is $100,000, translating to $64,103 per acre. The property's APN is 027-05-025-04-002 | 027-05-025-04-003. This is a rare opportunity to acquire a well-situated, versatile industrial land parcel in a thriving Ohio market. The property's size and zoning make it suitable for a range of industrial and storage needs. Don't miss this chance to secure a valuable asset in a strategic location.

Property profile

Verified
Property type Land
Lot 1.56 ac (67,954 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Wise Ave Mansfield, OH 44902
Mansfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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