611 Canal StNewton Falls, OH 44444

Property Details for 611 Canal St

Year built

1880

Construction

WOOD FRAME

Lot size

0.25 AC

Property size (Sq ft)

1,600 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

53-139600

APU

53139600

Description

This exceptional 0.66-acre commercial land parcel presents a unique investment opportunity in the thriving city of Newton Falls, Ohio. Located at 611 N Canal St, this property boasts 175 feet of frontage on Canal Street, ensuring high visibility and accessibility for any commercial venture. The property is zoned for commercial use, providing flexibility for a wide range of development possibilities. All utilities are conveniently located on-site, simplifying the development process and minimizing upfront costs. The asking price for this strategically located land is $69,900. Situated in Trumbull County, Ohio, with a zip code of 44444, this property offers easy access to major transportation routes and a strong local market. Its ideal location and commercial zoning make it an attractive option for businesses seeking a prominent presence in Newton Falls. The generous lot size provides ample space for construction, expansion, or redevelopment. Don't miss this chance to acquire a prime piece of commercial real estate in a growing Ohio community. This property is ready for your vision.

• CAP approach

  CAP return

  Valuation

  6%

  $304,283

  6.5%

  $280,877

  7%

  $260,814

• Comparable approach

  Method

  Valuation

  Relative Method

  $149,664

  Geo Method

  $149,664

• Alternative Use

  Use

  Valuation

  Residential

  $348,287

  Hospitality

  $319,029

  Educational

  $265,429

  Medical

  $274,557

  Retail

  $412,889

Location Insight

City

Newton Falls

County

Trumbull

State

Ohio

Latitude

41.1936

Longitude

-80.9731

CBSA code

49660

CBSA name

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

Property Tax & Assessments

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