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Property profile & analytics
FOR SALE
Retail space

22 Lexington Ave Mansfield, OH 44902

3,680 SF 0.43 ac lot Built 1962
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-1790748
Property summary
AI-generated overview

This exceptional 1,840 square foot retail/office space is available for lease on Lexington Avenue in Mansfield, Ohio. Boasting a prime location with approximately 15,000 vehicles passing daily, this property offers unparalleled visibility and accessibility for any business. Its strategic placement next to the recently opened Asian Taste Restaurant provides added convenience and potential synergy for prospective tenants. The interior is highly adaptable, offering the flexibility to remain as a wide-open space or be easily partitioned into individual offices to suit diverse operational needs. This versatility makes it ideal for a range of businesses, from small startups to established companies seeking a prominent location. The lease terms are straightforward, with the tenant responsible for all utilities, including gas, electricity, and water/sewer. This allows for greater control over operational costs and budgeting. The high volume of daily traffic ensures significant exposure to potential customers, making this an exceptional opportunity for businesses seeking a thriving location in Mansfield. Don't miss this chance to secure a highly visible and adaptable space in a rapidly developing area. Inquire today to learn more about leasing this exceptional property.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Construction FRAME
Total area 3,680 SF
Lot 0.43 ac (18,513 SF)
APN 027-01-093-03-000
UPID US66-1790748
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
  • Verve Graphix (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Zhong And Yan LLC · 2 yrs held
Zhong And Yan LLC
since 2023
Last sale
$87,000
6 recorded transactions
2023
$87,000
2019
$85,000
2011
$32,000
2011
$64,550
2007
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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