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240 W Cook Rd 13,021 SF Vacant Office Building Mansfield, OH 44907 $1,780,324 CAD ($136.73 CAD/SF) 17.98% Cap Rate

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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
$1,780,324 CAD
Price Per SF
$136.73 CAD
Cap Rate
17.98%
NOI
$320,025 CAD
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

PROPERTY TAXES

Parcel Number
028-90-118-05-000
Land Assessment
$32,566 CAD
Improvements Assessment
$238,646 CAD
Total Assessment
$271,212 CAD
  • Listing ID: 33129817

  • Date on Market: 2024-09-10

  • Last Updated:

  • Address: 240 W Cook Rd, Mansfield, OH 44907

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