6150 Center RdLowellville, OH 44436

Property Details for 6150 Center Rd

Year built

1973

Lot size

1.17 AC

Property size (Sq ft)

1,288 SF

Property type

Office buildings

APN

35-099-0-009.00-0

APU

350990009000

Description

This exceptional investment opportunity presents five fully leased warehouse buildings totaling 26,328 square feet on a 2-acre lot in Lowellville, Ohio. Strategically located near the Ohio/Pennsylvania border, this property boasts a 100% occupancy rate with five individual units, each offering unique square footage. Building sizes range from 1,486 square feet to 12,117 square feet. The buildings feature a 60-foot clear span, 36-foot peak ceiling height, and are equipped with two overhead cranes: one 25-ton crane and one 5-ton crane, both with 19-foot under hook clearances. The asking price is $995,000, representing $37.79 per square foot and $199,000 per unit. This fully leased portfolio offers a strong return on investment with minimal vacancy risk and significant upside potential. The property's prime location and excellent condition make it an attractive asset for discerning investors seeking a stable and profitable addition to their portfolio. The address is 6150-6170 Center Rd, Lowellville, OH 44436.

• CAP approach

  CAP return

  Valuation

  6%

  $244,948

  6.5%

  $226,106

  7%

  $209,956

• Comparable approach

  Method

  Valuation

  Relative Method

  $120,480

  Geo Method

  $120,480

• Alternative Use

  Use

  Valuation

  Residential

  $280,371

  Hospitality

  $256,819

  Educational

  $213,670

  Medical

  $221,019

  Retail

  $332,376

Location Insight

City

Lowellville

County

Mahoning

State

Ohio

Latitude

41.0245

Longitude

-80.5357

CBSA code

49660

CBSA name

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

Property Tax & Assessments

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