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20230935
20294314

240 W Cook Rd, Mansfield, OH 44907

AM
OH 2015001172, Oh
Elford Realty
KD
OH 431543
Elford Realty
Listed by Elford Realty
$1,300,000
656 days on market
Updated 19 days ago

240 W Cook Rd

Details
APN 028-90-118-05-000
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 13,021
NOI $233,684
Occupancy 100%
Tenancy Multi
Class C
Year Built 1974
Buildings 1
Stories 2
Acreage 3.670
Zoning C
Parking Spaces 56 spaces
Parking Per SqFt 4.30

Mansfield MOB I 13,021 SF on 3.67 acres

Marketing description

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.


Investment highlights

  • Freestanding 13,021 SF medical office building (First Floor: 7,478 SF; Lower Level: 5,543 SF)

  • Lower level includes a surgery center with two operating rooms and an exclusive patient drop-off area

  • Ample onsite parking

  • Fully ADA-compliant two-story building with elevator

  • Conveniently located near The Woods at Possum Run Golf Course, Mansfield Christian Academy, OhioHealth Mansfield Hospital, the Ohio State Reformatory, and within the Mansfield MSA

  • Well-maintained building offered significantly below replacement value

  • Full-building backup generator

Listing Contacts

AM
OH 2015001172, Oh
Elford Realty
KD
OH 431543
Elford Realty
Listed by Elford Realty

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$233,684.00
$19,473.67/mo

Valuation Metrics

0
DSCR
17.98%
Cap Rate
17.98%
ROI

Map

Zoning

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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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