Property summary
This exceptional 1.83-acre commercial and residential land parcel presents a unique investment opportunity in Mansfield, Ohio. Located at 191 Park Ave W, this property boasts a highly desirable Central Business zoning designation, opening doors to a wide range of development possibilities. Envisioned uses include fast food establishments, office spaces, medical facilities, retail ventures, senior living communities, or multifamily residential projects. The site's strategic location offers excellent visibility and accessibility, with frontage on Park Avenue West, Sturges Avenue, and West 2nd Street. Its dimensions measure approximately 200 feet of frontage and 388 feet in depth. The property is situated just four blocks (0.3 miles) from OhioHealth Mansfield Hospital, providing convenient access to a significant population base. The asking price is $395,000, translating to a land value of $215,847 per acre. This rare large vacant site is ideally positioned to capitalize on the ongoing revitalization efforts within the area, making it an attractive proposition for discerning investors and developers seeking a prime location in a growing community. The Richland County address and 44902 zip code further enhance its appeal.
Property profile
VerifiedCap rate & NOI
Current use
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Credit Union
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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