1688 Shannon RdGirard, OH 44420

  • Office properties
  • 6,544 SF
For Lease
$13.12/SF/YR View listing

Property Details for 1688 Shannon Rd

Year built
1979
Lot size
1.12 AC
Property size (Sq ft)
6,544 SF
Property type
Office properties
Property subtype
Office buildings
APN
12-619850
APU
12619850

Description

This exceptional Girard, Ohio office property, located at 1688 Shannon Rd, offers 1,600 square feet of versatile space, ideal for executive offices, coworking, or creative office uses. The building, constructed in 1979, is a two-story structure with ample parking. Currently, the entire 1,600 square feet is available for lease, divided into two 800-square-foot suites. Each suite is located on the lower level, accessible via steps. The property features a convenient multiple tenancy setup. Shared restrooms are located in the hallway for easy access. Utilities are separately metered, with tenants responsible for electricity, internet, and telephone. Gas usage is included in the rent, up to $125 per month. This property is situated in the Liberty submarket, Niles cluster, within Trumbull County, Ohio, and boasts a convenient location with easy access to local amenities. The zip code is 44420. This is a fantastic opportunity for businesses seeking flexible and well-located office space in a thriving community. The building does not have an elevator.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,244,519
    6.5%
    $1,148,787
    7%
    $1,066,731
  • Comparable approach

    Method
    Valuation
    Relative Method
    $612,126
    Geo Method
    $612,126
  • Alternative Use

    Use
    Valuation
    Residential
    $1,424,496
    Hospitality
    $1,304,830
    Educational
    $1,085,604
    Medical
    $1,122,939
    Retail
    $1,688,717
1688 Shannon Rd, Girard, Ohio

Location Insight

City
Girard
County
Trumbull
State
Ohio
Latitude
41.1836
Longitude
-80.6925
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
$6,548
$13,720
$78,580
$92,300
-
$39,200
$224,500
$263,700

FAQs

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