4001 Youngstown RdWarren, OH 44484

Property Details for 4001 Youngstown Rd

Year built

1987

Lot size

0.76 AC

Property size (Sq ft)

4,621 SF

Property type

Retail properties

Property subtype

Auto shops

APN

44-205090

APU

44205090

Description

This Warren, Ohio property, located at 4001 Youngstown Rd SE, 44484, offers a unique investment opportunity. The 4,622 square foot building sits on a spacious 33,105.6 square foot lot (approximately one acre). Currently configured as a single-tenant retail space, specifically a tire shop, this flex space presents versatility for various business uses. The property is available for lease with a lease-to-own option at the end of the contract. The monthly rent is $2,600, with utilities and services covered by the lessee. A one-year lease is offered, with long-term leasing options available. All existing shop equipment is included. An outright purchase option is also available for $30,000. All terms are subject to owner approval. This property is ideal for expanding businesses or entrepreneurs seeking a profitable venture. The current owner is unable to continue operations due to disability. This presents a rare chance to acquire a well-established business and property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,291,848

  6.5%

  $1,192,476

  7%

  $1,107,299

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,089,266

  Geo Method

  $1,089,266

• Alternative Use

  Use

  Valuation

  Residential

  $1,005,898

  Hospitality

  $921,397

  Educational

  $766,591

  Medical

  $792,956

  Retail

  $1,192,476

Location Insight

City

Warren

County

Trumbull

State

Ohio

Latitude

41.2164

Longitude

-80.7717

CBSA code

49660

CBSA name

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

Property Tax & Assessments

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