4256 Youngstown RdWarren, OH 44484

Property Details for 4256 Youngstown Rd

Lot size

1.22 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

44-016754

APU

44016754

Description

This exceptional 1.8-acre commercial land parcel presents a remarkable investment opportunity in Warren, Ohio. Strategically located on State Route 422 (Youngstown Road), this property boasts an impressive 223 feet of frontage, ensuring high visibility and accessibility for any business. The site's previous use as a well-known Italian restaurant, Fiore's or El Rio, adds to its established presence within the community. An adjacent lot is also available for purchase, potentially expanding the total frontage to approximately 400 feet along State Route 422, offering significant development potential. The property's convenient location is just one mile west of the Eastwood Mall, providing easy access to a substantial customer base and ample regional traffic. The asking price is $149,000, translating to $83,333 per acre. The property's APN is 44-016753. This is a rare opportunity to acquire a highly visible and well-situated commercial land parcel in a thriving area. The property's size and location make it ideal for a variety of commercial ventures. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $14,856,677

  6.5%

  $13,713,856

  7%

  $12,734,295

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,526,910

  Geo Method

  $12,526,910

• Alternative Use

  Use

  Valuation

  Residential

  $11,568,151

  Hospitality

  $10,596,364

  Educational

  $8,816,050

  Medical

  $9,119,248

  Retail

  $13,713,856

Location Insight

City

Warren

County

Trumbull

State

Ohio

Latitude

41.214

Longitude

-80.7689

CBSA code

49660

CBSA name

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

Property Tax & Assessments

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