1791 Elm RdWarren, OH 44483

  • Strip malls
  • 19,600 SF
For Lease
$9/SF/YR View listing

Property Details for 1791 Elm Rd

Year built
1920
Lot size
2.66 AC
Property size (Sq ft)
19,600 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
44-014400
APU
44014400

Description

This exceptional Warren, Ohio property, located at 1791 Elm Rd NE, offers a unique blend of retail and executive office space. Built in 1920 and renovated in 1980, the 19,440 square foot building presents a classic charm updated with modern functionality. Currently, there are multiple tenancies, with 1,200 square feet of immediately available space, perfect for a variety of businesses. The minimum divisible space is 1,200 square feet, offering flexibility for smaller businesses or expanding companies. The property is situated in Trumbull County, Ohio, with convenient access to major roadways and amenities. The building's history and character provide a unique atmosphere, while the available space offers the practicality and functionality of modern office space. This is an excellent opportunity for businesses seeking a well-maintained, historically significant location in a thriving community. The address is 1791-1839 Elm Rd NE, Warren, OH 44483. The property's classification includes both retail and office space, making it ideal for a variety of uses. The available space is ready for immediate occupancy. This is a rare opportunity to secure space in a well-established building with a proven track record.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,479,384
    6.5%
    $5,057,892
    7%
    $4,696,614
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,620,128
    Geo Method
    $4,620,128
  • Alternative Use

    Use
    Valuation
    Residential
    $4,266,522
    Hospitality
    $3,908,111
    Educational
    $3,251,502
    Medical
    $3,363,326
    Retail
    $5,057,892
1791 Elm Rd, Warren, Ohio

Location Insight

City
Warren
County
Trumbull
State
Ohio
Latitude
41.2519
Longitude
-80.7968
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
$9,074
$47,040
$124,500
$171,540
-
$134,400
$355,700
$490,100

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