2840 Youngstown RdWarren, OH 44484

Property Details for 2840 Youngstown Rd

Year built

1999

Construction

CONCRETE

Lot size

0.39 AC

Property size (Sq ft)

11,400 SF

Property type

Retail properties

Property subtype

Drug stores

APN

38-850152

APU

38850152

Description

This exceptional 11,400 square foot retail property, located at 2840 Youngstown Rd SE in Warren, Ohio, presents a unique investment opportunity. Previously occupied by a Rite Aid, this single-tenant building offers significant potential for a variety of retail uses. The property's prime location in Warren, Ohio, 44484, ensures high visibility and accessibility for customers. Its spacious layout provides ample room for a wide range of retail operations, making it an ideal space for businesses seeking a substantial footprint. The building's history as a successful drug store demonstrates its suitability for retail purposes and its established customer base in the area. The property is categorized as a retail space with a drug store subtype, reflecting its previous use and the potential for similar businesses. This single-tenant occupancy offers simplicity and control for the new owner. The property's geographic coordinates are 41.2213081 latitude and -80.7836562 longitude, providing precise location data for interested parties. This is a rare opportunity to acquire a well-situated, substantial retail space in a thriving Ohio community. The property's size and location make it an attractive prospect for businesses seeking to establish a strong presence in the Warren market. Serious inquiries are encouraged to explore this promising investment.

• CAP approach

  CAP return

  Valuation

  6%

  $3,186,988

  6.5%

  $2,941,836

  7%

  $2,731,704

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,687,217

  Geo Method

  $2,687,217

• Alternative Use

  Use

  Valuation

  Residential

  $2,481,548

  Hospitality

  $2,273,085

  Educational

  $1,891,180

  Medical

  $1,956,220

  Retail

  $2,941,836

Location Insight

City

Warren

County

Trumbull

State

Ohio

Latitude

41.2216

Longitude

-80.7837

CBSA code

49660

CBSA name

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

Property Tax & Assessments

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].