Property profile

782 Park Ave E Mansfield, OH 44905

FOR SALE
Commercial land
Property ID
US66-1703445
0.31 ac lot
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

The property at 782 Park Ave E is a commercial steel-sided building situated on a 0.34-acre lot in a high-traffic area near the Illinois Ave commercial corridor. It has concrete floors and includes two garage bays. The main level provides 1,674 square feet of shop space, and there is an additional 1,674 square feet of unfinished loft space accessible by exterior stairs. The building includes a half bathroom, updated interior lighting, and a gas heater. The front garage door has an automatic opener, while the rear garage door is manually operated. The front portion of the rubber roof was updated in 2023. Vehicular access is provided from both Park Ave and Bahl Ave, with a gravel parking area located to the side of the building. The layout and build-out support a range of commercial and light industrial uses, including an auto shop, warehouse, manufacturing facility, or storage use.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.31 ac (13,721 SF)
APN 025-09-058-12-000
UPID US66-1703445

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

782 Park Ave E Mansfield, OH 44905
Mansfield metro Census 900 MANSFIELD, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2011
$24,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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