231 Main St Mansfield, OH 44904-1353
This exceptional 6+ acre commercial land parcel is situated on Main Street in Lexington, Ohio, offering unparalleled development opportunities. Located in Richland County, with APN 0482714201000 and zip code 44904, this leveled property boasts convenient access to I-71, providing easy access to both Cleveland and Columbus. The asking price is $400,000. This prime location is minutes from the Mid-Ohio Sports Car Course, a major regional attraction drawing visitors from across the country. The area is experiencing significant growth, with a strong school district and a desirable blend of rural charm and modern amenities. Surrounded by farmland and quiet neighborhoods, Lexington offers a unique appeal to businesses and residents alike. The property's central location presents a strategic advantage for businesses seeking to reach a wide market, with endless potential for various commercial developments. This non-contingent offering requires a 10% earnest money deposit. The property is adjacent to a restaurant, further enhancing its commercial viability. This is a rare opportunity to acquire a substantial land parcel in a thriving Ohio community.
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OhioHealth Laboratory Services - Lexington Medical Laboratory
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Brandon Joseph Crouch, MD Physician
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Lisa Patterson Pediatrician Physician
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Christopher John Hassmann, II, DPM Physician
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Elizabeth Miller Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.