Financial
Distress signals
Property profile

1230 Lexington Ave Unit 100 - 102 Mansfield, OH 44907

FOR LEASE
Office buildings
Property ID
US66-0468876
13,843 SF 0.67 ac lot Built 1973
Last sale Dec 2024 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Professional office space comprising Unit 100–102 with approximately 2,795 square feet of total area, including an allocation for common areas; the interior layout is available via a floor plan. The property is located in Mansfield, Ohio, in Richland County, on Lexington Avenue (U.S. Highway 42), a roadway with average daily traffic of nearly 15,000 vehicles per day. The immediate area along Lexington Avenue includes major retail and dining establishments, and the surrounding market includes nearly 30,000 households within a five-mile radius.

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?
$16k
Tax billed · 2023
Assessed value$257k
Assessed land$59k
Assessed improvement$197k
Effective rate6.18%

Value estimate

· Sep 2026
$245k
$221k – $270k
Submarket $/SF estimate$897k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$11k
Operating expenses−$10k
NOI · 840.89% cap applied$29k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$65/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$29 – $111

Cap rate analysis

How does the asset earn?
840.89%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply21.2
Law Firm20.6
Wholesale Shop20.0

Location

1230 Lexington Ave, Unit Unit 100 - 102 Mansfield, OH 44907
County assessor Recorded deeds · 3 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1221st S Trimble, Mansfield, OH 44907-2229 $730,000 Jan 2025 5,180 SF
1287 Trimble, Mansfield, OH 44907-2665 $3,000,000 Jan 2024 8,024 SF
1616 Lexington, Mansfield, OH 44907-2907 $270,000 Aug 2023 4,418 SF
1215 Lexington, Mansfield, OH 44907-2613 $430,000 Apr 2021 4,722 SF
1699 Main, Mansfield, OH 44907-2824 $345,000 Jan 2021 12,984 SF
1669 Lexington, Mansfield, OH 44907-2944 $641,370 Sep 2019 6,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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