1688 Shannon RdGirard, OH 44420

Property Details for 1688 Shannon Rd

Year built

1979

Lot size

1.12 AC

Property size (Sq ft)

6,544 SF

Property type

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.

• 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

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

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