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    Property profile & analytics

    1120 Lexington Ave Mansfield, OH 44907-2253

    • Turn key restaurants
    • 1,980 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Apr 30, 2020
    Location Intelligence
    Property ID
    US66-2305492
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1120 Lexington Ave

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.29 lot acres
    Property size
    1,980 SF
    Property type
    Turn key restaurants
    APN
    027-07-162-16-000
    APU
    270716216000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Richland
    State
    Ohio
    Longitude
    -82.539
    Latitude
    40.7282
    CBSA code
    31900
    CBSA name
    MANSFIELD, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,602
    $12,510
    $24,260
    $36,770
    -
    $35,730
    $69,300
    $105,030

    Comparable in this City

    • Value Estimation
      $195,000
      4,468 SF

      282 Lexington Ave

      RESTAURANT • 4,468 SF
      282 Lexington Ave, Mansfield, OH 44907-1239
      View Details
    • Value Estimation
      $380,000
      1,652 SF

      1360 Lexington Ave

      RESTAURANT • 1,652 SF
      1360 Lexington Ave, Mansfield, OH 44907-2616
      View Details
    • Value Estimation
      $570,000
      3,614 SF

      1360 Trimble Rd

      RESTAURANT • 3,614 SF
      1360 Trimble Rd, Mansfield, OH 44907-2649
      View Details
    • Value Estimation by Request
      1,574 SF

      270 Lexington Ave

      RESTAURANT • 1,574 SF
      270 Lexington Ave, Mansfield, OH 44907-1200
      View Details
    • Value Estimation
      $205,000
      1,620 SF

      205 Lexington Ave

      RESTAURANT • 1,620 SF
      205 Lexington Ave, Mansfield, OH 44907-1220
      View Details
    • Value Estimation
      $60,000
      2,148 SF

      523 Main St

      RESTAURANT • 2,148 SF
      523 Main St, Mansfield, OH 44907-5006
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,204 SF

      Mansfield Commercial Property with Drive-Thru

      High-visibility commercial property with drive-thru potential in Mansfield, OH.
      233 Lexington Ave, Mansfield, OH 44907
      View Details
    • Contact for pricing
      Pending

      Retail Space in Appleseed Center

      Retail/office space in a high-traffic shopping center.
      1446 Lexington Ave, Mansfield, OH 44907
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      2,500 SF

      Lexington Avenue Commercial Space Available

      Office/medical/retail space for lease on Lexington Avenue.
      1475 Lexington Ave, Mansfield, OH 44907
      View Details
    • Contact for pricing
      Pending

      Retail/Office Space in Mansfield, OH

      9500 sq ft retail/office space in Appleseed Shopping Center.
      1436 Lexington Ave, Mansfield, OH 44907
      View Details
    • Contact for pricing
      Pending

      Retail Space in Appleseed Center

      Retail/office space in a high-traffic shopping center.
      1436 Lexington Ave, Mansfield, OH 44907
      View Details
    • Contact for pricing
      Pending

      Retail Space in Appleseed Center

      3500 SF retail/office space in a busy shopping center.
      1450 Lexington Ave, Mansfield, OH 44907
      View Details
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    1120 Lexington Ave
    Mansfield, OH 44907-2253
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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