1282 Park W Ave Mansfield, OH 44906-2800
Property profile & analytics
1282 Park W Ave Mansfield, OH 44906-2800
- Auto shops
- 8,190 SF
- 1.01 lot acres
Property ID
US66-1034741
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.
Location Intelligence
Current Use by Public Records
- Andrea Bryan / Bird Watching Area
- Firestone Complete Auto Care / (Bike/Boat/Book/etc) Store / Auto Parts Store
Property Details for 1282 Park W Ave
- Year built
- 1964
- Lot size
- 1.01 lot acres
- Property size
- 8,190 SF
- Property type
- Auto shops
- APN
- 027-03-002-03-004
- APU
- 270300203004
Description
This exceptional investment opportunity presents a single-tenant, net-leased Firestone auto shop located at 1282 Park Ave W, Mansfield, OH 44906. The 8,304 square foot building sits on a 1.01-acre lot and boasts a 7.25% cap rate with a strong NOI of $71,400. Firestone, a subsidiary of investment-grade rated Bridgestone, has occupied this location since the 1970s, demonstrating long-term commitment. The current lease extends to January 31, 2030, with three 5-year renewal options, each including a 10% rent increase. The current rent is a low $8.60 per square foot. This property benefits from its strategic location on a Kroger outparcel, along Park Avenue West (over 18,500 vehicles per day), and near US Route 30. The area features strong demographics, with 68,372 people within a five-mile radius and an average annual household income of $65,473. Nearby businesses include Walgreens, Chase Bank, and other national retailers. The property was renovated in 1998. This is a rare opportunity to acquire a stable, high-performing investment with a blue-chip tenant and significant upside potential. The property's location near a recently redeveloped U-Haul self-storage facility further enhances its visibility and appeal.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $975,000
- ML approach
- $905,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $815,000
- RETAIL STORES
- $595,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Richland
- State
- Ohio
- Longitude
- -82.5627
- Latitude
- 40.7598
- 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
$2,926
$6,970
$34,370
$41,340
-
$19,900
$98,210
$118,110
