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    Property profile & analytics

    381 Ashland Rd Mansfield, OH 44905-2452

    • Bars
    • 2,300 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 15, 2023
    $37,500
    Location Intelligence
    Property ID
    US66-1606050
    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

    • Shag-A-Lee's / Bar

    Property Details for 381 Ashland Rd

    Year built
    1967
    Construction
    FRAME
    Lot size
    0.78 lot acres
    Property size
    2,300 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    028-90-027-16-000
    APU
    289002716000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Richland
    State
    Ohio
    Longitude
    -82.4944
    Latitude
    40.764
    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
    $3,299
    $15,630
    $26,880
    $42,510
    -
    $44,660
    $76,790
    $121,450

    Comparable in this City

    • Value Estimation
      $215,000
      5,616 SF

      586 Park E Ave

      BAR, TAVERN • 5,616 SF
      586 Park E Ave, Mansfield, OH 44905-2847
      View Details
    • Value Estimation
      $70,000
      10,078 SF

      880 Laver Rd

      BAR, TAVERN • 10,078 SF
      880 Laver Rd, Mansfield, OH 44905-2341
      View Details
    • Value Estimation
      $230,000
      2,580 SF

      1188 Park E Ave

      BAR, TAVERN • 2,580 SF
      1188 Park E Ave, Mansfield, OH 44905
      View Details
    • Value Estimation by Request
      2,430 SF

      451 Grace St

      BAR, TAVERN • 2,430 SF
      451 Grace St, Mansfield, OH 44905-1952
      View Details
    • Value Estimation
      $285,000
      1,800 SF

      1311 Ashland Rd

      BAR, TAVERN • 1,800 SF
      1311 Ashland Rd, Mansfield, OH 44905-2254
      View Details
    • Value Estimation
      $30,000
      640 SF

      574 Park E Ave

      TAKE-OUT RESTAURANT • 640 SF
      574 Park E Ave, Mansfield, OH 44905-2847
      View Details

    Similar Nearby for Sale

    • $220,000
      1,263 SF

      Established Lounge with Recent Updates

      Turnkey bar/restaurant with recent updates and transferable liquor license.
      451 Grace St, Mansfield, OH 44905
      View Details
    • New
      $375,000
      9,039 SF

      Bar and Training Center

      Bar with liquor license and wrestling training center.
      1901 Ashland Rd, Mansfield, OH 44905
      View Details
    • Contact for pricing
      11,218 SF

      Mansfield Retail Space - 11,218 SF

      Prime Mansfield location, high traffic, value-add opportunity.
      1075 Ashland Rd, Mansfield, OH 44905
      View Details
    • $249,900
      3,882 SF

      Turnkey Restaurant Opportunity in Mansfield

      Beloved fine dining restaurant with furnishings and equipment included.
      2461 Emma Ln, Mansfield, OH 44905
      View Details
    • $961,979
      19,840 SF

      Mansfield Dollar General Investment

      High-yield retail investment, strong tenant.
      756 Ashland Rd, Mansfield, OH 44905
      View Details
    • $385,900
      0.63 Acres

      Turnkey Multi-Family Investment Opportunity

      Renovated mixed-use property with residential and commercial spaces in Mansfield.
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      View Details
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    381 Ashland Rd
    Mansfield, OH 44905-2452
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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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