501 Churchill RdGirard, OH 44420

  • Retail properties
  • 8,241 SF
For Lease
$8/SF/YR View listing

Property Details for 501 Churchill Rd

Year built
1992
Construction
CONCRETE
Lot size
0.34 AC
Property size (Sq ft)
8,241 SF
Property type
Retail properties
Property subtype
Outlet malls
APN
14-601800
APU
14601800

Description

This exceptional 8,241 square foot retail property located at 501 Churchill Road in Girard, Ohio, presents a significant opportunity for businesses seeking a prominent location in Trumbull County. The property, identified by APN 14-601800, is a single-tenant space, currently vacant and ready for immediate occupancy. Previously occupied by a Dollar General store, the building offers an open floor plan, providing maximum flexibility for a variety of retail uses. The expansive square footage allows for ample space to create a dynamic and inviting retail environment. The property's location in Girard, Ohio, 44420, offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. With its substantial size and versatile layout, this property is well-suited for a wide range of retail concepts. The property is ready for immediate possession, allowing for a swift and efficient transition for new tenants. This is a rare opportunity to acquire a significant retail space in a desirable location. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,303,857
    6.5%
    $2,126,637
    7%
    $1,974,735
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,942,575
    Geo Method
    $1,942,575
  • Alternative Use

    Use
    Valuation
    Residential
    $1,793,898
    Hospitality
    $1,643,201
    Educational
    $1,367,124
    Medical
    $1,414,142
    Retail
    $2,126,637
501 Churchill Rd, Girard, Ohio

Location Insight

City
Girard
County
Trumbull
State
Ohio
Latitude
41.1618
Longitude
-80.6916
CBSA code
49660
CBSA name
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN 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
$6,405
$12,950
$101,080
$114,030
-
$37,000
$288,800
$325,800

FAQs

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