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240 W Cook Rd 13,021 SF Vacant Office Building Mansfield, OH 44907 $1,300,000 ($99.84/SF) 17.98% Cap Rate
EXECUTIVE SUMMARY
Elford Realty is pleased to present this opportunity for an owner-occupant to purchase this 13,021 SF medical office building located in Mansfield, Ohio. Surrounded by trees and situated on approximately 3.67 acres, this well-appointed property is highly visible along Cook Road. The building has been well maintained and is currently occupied by a single tenant which includes a surgery center and clinical space. The building is within minutes of SR 42 and I-71 along with many area amenities including restaurants, banking, and other medical offices.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
13,021 SF
Building Class
C
Year Built
1974
Price
$1,300,000
Price Per SF
$99.84
Cap Rate
17.98%
NOI
$233,684
Percent Leased
Vacant
Building Height
2 Stories
Typical Floor Size
6,511 SF
Building FAR
0.08
Lot Size
3.67 AC
Zoning
C
Parking
56 Spaces (4.3 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 028-90-118-05-000 | Improvements Assessment | $174,260 |
| Land Assessment | $23,780 | Total Assessment | $198,040 |
PROPERTY TAXES
Parcel Number
028-90-118-05-000
Land Assessment
$23,780
Improvements Assessment
$174,260
Total Assessment
$198,040
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240 W Cook Rd
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