Property profile

1099 4th St Ontario, OH 44906

OFF-MARKET
Retail space
Property ID
US66-0950321
6,400 SF 0.76 ac lot Built 1993
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1993
Construction FRAME
Total area 6,400 SF
Lot 0.76 ac (32,940 SF)
APN 027-03-143-18-000
UPID US66-0950321

Cap rate & NOI

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

Location

1099 4th St Ontario, OH 44906-1945
Ontario metro Census 1400 MANSFIELD, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
$601k
Blend (final) Blend
$600k

Owner & transaction history

since 2024
Last sale
$599,000
3 recorded transactions
2024
$599,000
2023
Price N/A
2018
$205,000

Zoning & alternative use

Top alternative use upside
Restaurant $640,000 +37.4%

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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