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    Property profile & analytics

    255 Lexington Ave Mansfield, OH 44907

    • Medical offices
    • 1,780 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Last Sale
    Apr 23, 2024
    $290,000
    Location Intelligence
    Property ID
    US66-1116639
    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.

    Current Use by Public Records

    • Medical offices

    Property Details for 255 Lexington Ave

    Year built
    2007
    Lot size
    0.45 lot acres
    Property size
    1,780 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    028-90-150-34-009
    APU
    289015034009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $285,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $275,000
      Mixed-Use
      $350,000
      Hospitality
      $305,000
      Educational
      $345,000
      Residential Income
      $260,000
      Energy
      $320,000
      Income-Based Land
      $325,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Richland
    State
    Ohio
    Longitude
    -82.5273
    Latitude
    40.7381
    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
    $6,124
    $18,940
    $59,970
    $78,910
    -
    $54,120
    $171,350
    $225,470

    Comparable in this City

    • Value Estimation by Request
      5,433 SF

      275 Cline Ave

      MEDICAL BUILDING • 5,433 SF
      275 Cline Ave, Mansfield, OH 44907-1000
      View Details
    • Value Estimation by Request
      3,318 SF

      265 Sterkel Blvd, Unit 101

      MEDICAL BUILDING • 3,318 SF
      265 Sterkel Blvd, Mansfield, OH 44907-1507
      View Details
    • Value Estimation
      $415,000
      5,493 SF

      371 Cline Ave

      MEDICAL BUILDING • 5,493 SF
      371 Cline Ave, Mansfield, OH 44907-1021
      View Details
    • Value Estimation
      $300,000
      8,940 SF

      245 Sterkel Blvd Ste, Unit 200

      MEDICAL BUILDING • 8,940 SF
      245 Sterkel Blvd Ste, Mansfield, OH 44907-1586
      View Details
    • Value Estimation
      $320,000
      3,535 SF

      370 Cline Ave

      MEDICAL BUILDING • 3,535 SF
      370 Cline Ave, Mansfield, OH 44907-1057
      View Details
    • Value Estimation
      $420,000
      3,600 SF

      273 Cline Ave

      MEDICAL BUILDING • 3,600 SF
      273 Cline Ave, Mansfield, OH 44907-1019
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,500 SF

      Lexington Avenue Commercial Space Available

      Office/medical/retail space for lease on Lexington Avenue.
      1475 Lexington Ave, Mansfield, OH 44907
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    • $1,953,150
      13,021 SF

      Mansfield Medical Office Building

      13,021 SF Medical Office, High NOI
      240 Cook Rd, Mansfield, OH 44907
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    • Contact for pricing
      750 SF

      Versatile Commercial Space in Mansfield

      750 sq ft commercial space ideal for various businesses.
      270 Lexington Ave, Mansfield, OH 44907
      View Details
    • Contact for pricing
      2,200 SF

      Versatile Commercial Space on Lexington

      2,200 sq ft commercial space with high visibility.
      270 Lexington Ave, Mansfield, OH 44907
      View Details
    • $1,300,000
      13,021 SF

      Medical Office Building with Surgery Center

      Well-maintained 13,021 SF medical office building for sale.
      Mansfield, OH 44907
      View Details
    • Contact for pricing
      1,253 SF

      Office/Medical Space For Lease

      Office/medical suite with 5 offices/exam rooms, kitchen, restroom.
      380 Cline Ave, Mansfield, OH 44907
      View Details
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    255 Lexington Ave
    Mansfield, OH 44907
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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