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Financial
Distress signals
Property profile

503 Main St Mason, OH 45040

OFF-MARKET
Commercial real estate
Property ID
US66-5301966
1,328 SF 1.31 ac lot Built 1907
Last sale Aug 2020 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents 2.36 acres of commercial land in the heart of Mason, Ohio, listed at $3,605,000. The property boasts a total of approximately 37,846 square feet of existing building space, offering significant potential for a variety of uses. The site includes multiple buildings, notably an 11,900 square foot garage constructed in 2016, and the original Mason Lumber building, approximately 10,692 square feet, built in 1907 with subsequent additions. This…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$175k
Assessed land$69k
Assessed improvement$107k
Effective rate6.48%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records and 25 qualifying comparable sales.

Recently sold

What actually traded nearby?
$174/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$105 – $257
Qualifying comparables25

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.1
Parking Facility11.7
Auto Parts Store11.1

Location

503 Main St Mason, OH 45040-1625
County assessor Recorded deeds · 1 transfer 25 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
209 Main, Mason, OH 45040-1919 $489,000 Aug 2025 1,552 SF
211 Main, Mason, OH 45040-1919 $391,000 Apr 2025 1,570 SF
8805 Wilkens, Mason, OH 45040-7390 $950,000 Feb 2024 1,764 SF
216 Kings Mls, Mason, OH 45040-1860 $140,000 Jan 2024 1,080 SF
Mason, OH 45040-1600 $200,000 Dec 2023 1,093 SF
5512 Irwin Simpson, Mason, OH 45040-7796 $392,500 Mar 2022 1,764 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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