Technical
Financial
Distress signals
Property profile

787 Lexington Ave Mansfield, OH 44907

FOR SALE
Strip malls
Property ID
US66-1743616
4,042 SF 0.98 ac lot Built 1955
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-tenant office suite, identified as Suite 311, offers 86 square feet of dedicated workspace, ideal for a sole practitioner or individual requiring a private and efficient office environment. Located within a larger building encompassing 27,768 square feet situated on a 0.982-acre lot, this space provides the perfect blend of privacy and accessibility. The suite is categorized as both a traditional and executive office, suggesting a professional and well-maintained building. The single-tenancy aspect ensures quiet and uninterrupted work, eliminating the distractions often associated with shared office spaces. The compact size is perfect for those seeking a cost-effective solution without compromising on privacy or professionalism. This is an excellent opportunity for an individual professional to establish a productive and private workspace in a well-maintained building. The building itself offers a traditional office environment, suitable for a range of professional uses. The location, while not specified, is implied to be desirable given the description's emphasis on the suite's appeal to those seeking a private workspace. The property's size and classification suggest a well-maintained and potentially prestigious address. This is a rare opportunity to secure a private, efficient, and well-located office space. The 86 square foot layout is designed for optimal functionality and privacy, making it an attractive option for a variety of individual professionals. Serious inquiries are encouraged.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1955
Total area 4,042 SF
Lot 0.98 ac (42,798 SF)
APN 027-07-190-07-000
UPID US66-1743616

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hearing Aid Store
  • Alternative Medicine Practice Spa & Massage Center

Location

787 Lexington Ave Mansfield, OH 44907
Mansfield metro Census 1100 MANSFIELD, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$585k

Owner & transaction history

since 2023
Last sale
$500,000
2 recorded transactions
2023
$500,000
2016
$720,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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