Technical
Financial
Distress signals
Property profile

947 Longview Ave Mansfield, OH 44906

OFF-MARKET
Warehouses
Property ID
US66-0880854
11,520 SF 0.59 ac lot Built 1970
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This single-tenant, triple-net (NNN) leased industrial property presents a compelling investment opportunity. Located at 947 W Longview Ave, Mansfield, OH 44906, this 8,820-square-foot flex/warehouse building sits on a 1.15-acre lot and boasts excellent visibility and access from Route 30, including frontage and signage. The building, constructed in 1970, features a mix of forced air and radiant heating systems, on-grade doors, and attractive office space. The property includes a fenced-in half-acre lot and a driveway easement with the neighboring property owner. Currently 100% occupied by Standard Plumbing under a lease extending through December 2026 with renewal options, this property offers a strong net operating income (NOI) of $53,550, resulting in an attractive 8.65% capitalization rate. The asking price is $619,000, translating to $70.18 per square foot. The property is zoned I1 and features one building with one story. The parcel includes APNs 0270400404000, 0270400403000, and 0270400405000. This is a confidential sale

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Total area 11,520 SF
Lot 0.59 ac (25,700 SF)
APN 027-04-004-03-000
UPID US66-0880854

Cap rate & NOI

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

Location

947 Longview Ave Mansfield, OH 44906-2133
Mansfield metro Census 1500 MANSFIELD, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2025
Last sale
$580,000
2 recorded transactions
2025
$580,000
2009
$90,000

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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