1955 Niles Cortland RdWarren, OH 44484

Property Details for 1955 Niles Cortland Rd

Year built

2019

Construction

CONCRETE

Lot size

0.95 AC

Property size (Sq ft)

5,000 SF

Property type

Retail properties

Property subtype

Strip malls

APN

28-691450

APU

28691450

Description

This exceptional 2,000 square foot retail space, part of a larger 5,000 square foot multi-tenant building located at 1955 Niles Cortland Rd NE in Warren, Ohio (44484), presents a fantastic opportunity. Previously used as a restaurant, this extremely well-maintained space offers high visibility due to its corner lot location and prominent signage on SR 46. The property benefits from its high-traffic location directly across from Mercy Health, ensuring consistent foot traffic and potential customer base. The entire building is 5,000 square feet, with a minimum divisible space of 2,000 square feet, making it suitable for a variety of restaurant or retail concepts. This Trumbull County property is ready for immediate occupancy and offers a prime location for businesses seeking high exposure and a strong customer base. The space is currently available for lease. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,397,802

  6.5%

  $1,290,279

  7%

  $1,198,116

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,178,604

  Geo Method

  $1,178,604

• Alternative Use

  Use

  Valuation

  Residential

  $1,088,398

  Hospitality

  $996,967

  Educational

  $829,465

  Medical

  $857,991

  Retail

  $1,290,279

Location Insight

City

Warren

County

Trumbull

State

Ohio

Latitude

41.2652

Longitude

-80.7413

CBSA code

49660

CBSA name

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

Property Tax & Assessments

FAQs

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