4877 Mahoning AveWarren, OH 44483

Property Details for 4877 Mahoning Ave

Year built

2000

Construction

WOOD FRAME

Lot size

0.75 AC

Property size (Sq ft)

1,536 SF

Property type

Retail properties

Property subtype

Auto shops

APN

46-211150

APU

46211150

Description

This Warren, Ohio retail property presents a unique investment opportunity. The 0.75-acre lot features two Class B buildings constructed in 2000. The front building, currently occupied by a Valvoline Express Care, boasts a rubber roof. The rear building, suitable for auto repair, offers significant operational advantages. Features include two 14-foot drive-in doors, 2.5 bathrooms, an oil separator, and a robust electrical system with 480V 3-phase power and a 220-volt step-down transformer. The rear building also includes two wall exhaust systems and a steel roof with 14-foot eaves and a 17-foot center height ceiling. The property includes a total of two parking spaces. The Trumbull County location, with APN 46-422459-595329, offers excellent visibility and access. Currently, one space is available, presenting a chance to acquire an established business or lease to a new tenant. The property's size and features make it ideal for a variety of retail uses. This is a prime opportunity to acquire a well-located, multi-building retail complex in a growing market. The property is situated at 4877 Mahoning Ave NW, Warren, OH 44483.

• CAP approach

  CAP return

  Valuation

  6%

  $429,405

  6.5%

  $396,374

  7%

  $368,061

• Comparable approach

  Method

  Valuation

  Relative Method

  $362,067

  Geo Method

  $362,067

• Alternative Use

  Use

  Valuation

  Residential

  $334,356

  Hospitality

  $306,268

  Educational

  $254,812

  Medical

  $263,575

  Retail

  $396,374

Location Insight

City

Warren

County

Trumbull

State

Ohio

Latitude

41.2889

Longitude

-80.8478

CBSA code

49660

CBSA name

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

Property Tax & Assessments

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