9025 Market StNorth Lima, OH 44452

  • Retail properties
  • 1,247 SF
For Lease
$15/SF/YR View listing

Property Details for 9025 Market St

Year built
1955
Lot size
0.48 AC
Property size (Sq ft)
1,247 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
04-066-0-003.00-0
APU
40660003000

Description

This exceptional 1,247-square-foot retail property, located at 9025 Market Street in Boardman, Ohio (zip code 44452), presents a fantastic opportunity for a variety of businesses. Situated on a 0.484-acre lot, this single-tenant building boasts a highly desirable location on State Route 7 (Market Street), a major thoroughfare with significant traffic volume. The property benefits from a traffic light intersection, ensuring excellent visibility and accessibility. Two convenient access points from different roads enhance customer convenience. Across the street is a Sheetz gas station, providing additional foot traffic and exposure. The building features ample paved on-site parking for customers. Inside, the space includes two restrooms and a valuable drive-through window, ideal for quick service operations. The property was renovated in 2006 and is zoned G-C General Commercial, offering flexibility for various uses. Most recently used as an ice cream shop, this versatile space is ready for its next chapter. The property's location within the North Lima, Poland, Boardman submarket offers strong potential for growth and success. The property's APN is 04-066-0-003.00-0.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $348,612
    6.5%
    $321,796
    7%
    $298,810
  • Comparable approach

    Method
    Valuation
    Relative Method
    $293,944
    Geo Method
    $293,944
  • Alternative Use

    Use
    Valuation
    Residential
    $271,447
    Hospitality
    $248,644
    Educational
    $206,869
    Medical
    $213,983
    Retail
    $321,796
9025 Market St, North Lima, Ohio

Location Insight

City
North Lima
County
Mahoning
State
Ohio
Latitude
40.9873
Longitude
-80.6623
CBSA code
49660
CBSA name
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,892
$25,820
$31,620
$57,440
-
$73,780
$90,350
$164,130

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