2400 Niles Cortland RdWarren, OH 44484
- Healthcare properties
- 0.61 AC
Property Details for 2400 Niles Cortland Rd
- Lot size
- 0.61 AC
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 28-018319
- APU
- 28018319
Description
This exceptional 1.2-acre commercial land parcel presents a remarkable redevelopment opportunity in Warren, Ohio. Strategically located at 2400 Niles Cortland Rd SE, 44484, on the highly visible SR 46 (Niles Cortland Rd) and Mines Rd intersection, this property boasts unparalleled access and visibility. Its prime location places it directly adjacent to a concentration of major retail establishments, including Bass Pro Shops, Meijer, and the expansive 1,600,000 square foot Eastwood Mall Complex. Other nearby businesses include Best Buy, Texas Roadhouse, Chick-fil-A, Aldi, Dillards, Five Guys, Chipotle, and Starbucks, ensuring high traffic counts and significant consumer footfall. The property is zoned for commercial use, providing flexibility for a wide range of development projects. The asking price for this exceptional opportunity is $1,300,000. This is a rare chance to acquire a substantial land parcel in a thriving retail corridor with exceptional potential for significant return on investment. Don't miss this chance to secure a piece of Warren's vibrant commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,053,386
- 6.5%
- $4,664,664
- 7%
- $4,331,474
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,485,545
- Geo Method
- $2,485,545
-
Alternative Use
- Use
- Valuation
- Residential
- $5,784,184
- Hospitality
- $5,298,282
- Educational
- $4,408,108
- Medical
- $4,559,710
- Retail
- $6,857,057
Location Insight
- City
- Warren
- County
- Trumbull
- State
- Ohio
- Latitude
- 41.21
- Longitude
- -80.741
- CBSA code
- 49660
- CBSA name
- YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].