713 State StGirard, OH 44420

Property Details for 713 State St

Year built

1999

Construction

WOOD FRAME

Lot size

0.24 AC

Property size (Sq ft)

11,214 SF

Property type

Retail properties

Property subtype

Drug stores

APN

14-004721

APU

14004721

Description

This exceptional retail property, a former Rite Aid, presents a unique investment opportunity in Girard, Ohio. Located at 713 N State St, this single-tenant building boasts a substantial 11,282 square feet of space, ideal for a variety of retail uses. The property is situated in Trumbull County, Ohio, within the 44420 zip code, offering convenient access to local amenities and a strong customer base. Its prime location on N State St ensures high visibility and accessibility for potential businesses. The building's previous use as a drug store suggests a history of successful retail operations, indicating a strong potential for future success. The property's size and layout offer flexibility for adaptation to suit diverse retail needs. This is a rare opportunity to acquire a well-positioned, substantial retail space in a thriving community. The property is ready for immediate occupancy, providing a seamless transition for new tenants. Serious inquiries are encouraged to explore the potential of this exceptional retail investment. Detailed property information and specifications are available upon request. This is a turnkey opportunity for a savvy investor looking to capitalize on a prime retail location in a growing market. The property's history as a successful drug store speaks volumes about its potential for continued success. Don't miss this chance to secure a valuable asset in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,134,990

  6.5%

  $2,893,837

  7%

  $2,687,134

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,643,373

  Geo Method

  $2,643,373

• Alternative Use

  Use

  Valuation

  Residential

  $2,441,060

  Hospitality

  $2,235,998

  Educational

  $1,860,324

  Medical

  $1,924,303

  Retail

  $2,893,837

Location Insight

City

Girard

County

Trumbull

State

Ohio

Latitude

41.1613

Longitude

-80.703

CBSA code

49660

CBSA name

YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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