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Property profile & analytics
OFF-MARKET Estimated value $595,000
Office buildings

1221 Trimble Rd Ste B1 Mansfield, OH 44907-2212

1,775 SF Built 2006
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US66-2297288
Property summary
AI-generated overview

This exceptional investment opportunity presents a 9,580 square foot, two-story office building situated on a 0.56-acre lot in Mansfield, Ohio. Built in 1995, the property boasts a strong 8.71% cap rate and a current NOI of $69,600, with 77% occupancy across its four individual office units. The building is zoned PDP C-Ofc, allowing for flexible use as executive, medical, or traditional office space. Modern amenities and well-maintained interiors are complemented by ample parking. Located at 1221 S Trimble Rd, zip code 44907, this property benefits from its strategic location in Richland County, offering easy access to major roadways and local services, making it an ideal location for businesses seeking a presence between Cleveland and Columbus. The property's versatile layout and high potential for increased occupancy make it an attractive investment for both seasoned and emerging investors. The asking price is $799,000. This is a rare opportunity to acquire a well-established, income-producing commercial property in a thriving Ohio market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2006
Total area 1,775 SF
APN 027-07-043-11-049
UPID US66-2297288
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • William Gravitt, PCC Counselor Doctor
  • Dr. Heriberto H. Menendez, MD Pediatrician Medical Clinic
  • Dr. Russell Kiser DDS Dental Office
  • Retina Vitreous Associates Eye Care Center Ophthalmologist
  • Kimberly D. Harrison, MS Counselor Doctor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k
Owner & transaction history
Rkamm Ventures LLC · 2 yrs held
Rkamm Ventures LLC
since 2023
Last sale
$600,000
1 recorded transaction
2023
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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