Financial
Distress signals
Property profile

140 Mansfield Ave Shelby, OH 44875

OFF-MARKET
Grocery and convenience stores
Property ID
US66-1328302
39,637 SF 1.94 ac lot Built 1963
Last sale Oct 2023 · $450,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 39,637 square foot commercial property, located at 140 Mansfield Avenue, Shelby, Ohio 44875, presents a unique investment opportunity. Situated on a 1.94-acre lot (APN 046-08-068-02-000), this single-tenant building boasts a rich history as a former grocery store and retail center. Its versatile layout and ample space make it ideal for adaptive reuse, catering to a wide range of businesses. Imagine transforming this space into an indoor pickleball facility, a vibrant

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$156k
Assessed land$33k
Assessed improvement$123k
Effective rate6.08%

Value estimate

· Sep 2026
$425k
$383k – $468k
AI approach$670k
Submarket $/SF estimate$863k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$61/SF
County average, outlier-cleaned · 92 recorded sales of this use type
Observed band · Q1–Q3$22 – $98

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRICHLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency41.7
Restaurant31.7
Building Supply29.2

Location

140 Mansfield Ave Shelby, OH 44875-1833
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23 Mansfield, Shelby, OH 44875-1322 $1,406,216 Mar 2023 9,180 SF
48 Mansfield, Shelby, OH 44875-1302 $123,000 Jan 2023 8,167 SF
6 Water, Shelby, OH 44875-1223 $125,000 Aug 2022 7,524 SF
21 Main, Shelby, OH 44875-1280 $75,000 Nov 2021 25,000 SF
11-13 Broadway, Shelby, OH 44875 $25,000 Sep 2021 7,516 SF
43 Main, Shelby, OH 44875-1239 $7,875 Sep 2021 6,908 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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