Log In/Sign Up
Your email has been sent.
Hajoca 294 E 3rd St 10,980 SF Industrial Building Mansfield, OH 44902 $500,000 ($45.54/SF)
Investment Highlights
- Durable Construction – Solid block/brick structure delivers longevity, lower long-term maintenance costs, and superior fire resistance vs. metal
- Recent Capital Improvements – New concrete work, partial roof replacement, and additional masonry work completed
- Mark to Market Opportunity – At $45.54/SF, the asset is priced competitively relative to replacement cost for masonry construction
- Functional Layout – 16+ ft clear height in warehouse is an above-average clear height for a building this size, enabling racking
- Statewide Growth – Ohio earned AAA/Aaa/AAA credit ratings from all three major agencies for the first time in state history
- Strategic Midstate Location – Mansfield’s position near US-30 and I-71 provides efficient access to Columbus (~75 mi), Cleveland (~80 mi)
Executive Summary
Broker of Record
Matthew Wallace
License # BRKP.2024002419, REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Matthew Wallace
License # BRKP.2024002419, REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Property Facts
| Price | $500,000 | Rentable Building Area | 10,980 SF |
| Price Per SF | $45.54 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1945 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.07 AC |
| Price | $500,000 |
| Price Per SF | $45.54 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.07 AC |
| Rentable Building Area | 10,980 SF |
| No. Stories | 1 |
| Year Built | 1945 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Rex Pipe and Supply Company
- Wholesaler
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Rex Pipe and Supply Company | Wholesaler | - | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 027-06-121-07-000 | Improvements Assessment | $34,110 |
| Land Assessment | $19,650 | Total Assessment | $53,760 |
Property Taxes
Parcel Number
027-06-121-07-000
Land Assessment
$19,650
Improvements Assessment
$34,110
Total Assessment
$53,760
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Hajoca | 294 E 3rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.