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 properties

Property subtype

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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