1855 Mansfield StBucyrus, OH 44820

  • Retail properties
  • 0.63 AC
For Sale
$799,000 View listing

Property Details for 1855 Mansfield St

Year built
2007
Construction
METAL FRAME
Lot size
0.63 AC
Property type
Retail properties
Property subtype
Retail space
APN
44-0011614.000
APU
440011614000

Description

This exceptional 8,000-square-foot retail storefront, located at 1855 E Mansfield St in Bucyrus, Ohio, presents a compelling investment opportunity. Built in 2004 and zoned for commercial use, this property boasts a prime location within the thriving Bucyrus market. The asking price is $799,000, translating to a price per square foot of $99.88. The building's spacious layout offers significant potential for a variety of retail businesses. Its previous use as an Aaron's Rents location speaks to its suitability for similar businesses or adaptable retail concepts. Situated in Crawford County, Ohio, with the precise address of 1855 E Mansfield St, Bucyrus, OH 44820 (zip code 44820), this property benefits from excellent visibility and accessibility. The property's substantial size and strategic location make it an ideal choice for entrepreneurs seeking a well-established space to launch or expand their retail operations. This is a rare opportunity to acquire a high-quality, ready-to-occupy retail space in a desirable Ohio market. Serious inquiries are encouraged to explore the possibilities this property offers. The property's geographic coordinates are latitude 40.812037 and longitude -82.9477611.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,634,287
    6.5%
    $7,047,034
    7%
    $6,543,674
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,499,530
    Geo Method
    $6,499,530
  • Alternative Use

    Use
    Valuation
    Residential
    $5,944,437
    Hospitality
    $5,445,072
    Educational
    $4,530,236
    Medical
    $4,686,038
    Retail
    $7,047,034
1855 Mansfield St, Bucyrus, Ohio

Location Insight

City
Bucyrus
County
Crawford
State
Ohio
Latitude
40.8122
Longitude
-82.9477
CBSA code
15340
CBSA name
BUCYRUS, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,458
$6,290
$156,850
$163,140
-
$17,970
$448,140
$466,110

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