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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 proud to present a 13,021 SF medical office building available for purchase in Mansfield, Ohio. Situated on approximately 3.67 acres and surrounded by mature trees, the property offers a well-maintained setting with strong visibility along Cook Road. Formerly used as a surgery center and clinical space, the building is well suited for a variety of medical, outpatient, or healthcare-related users. Conveniently located just minutes from SR 42 and I-71, the property also benefits from close proximity to restaurants, banking, and surrounding 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)
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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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