25 Canfield Niles RdYoungstown, OH 44515

Property Details for 25 Canfield Niles Rd

Year built

1974

Lot size

2.89 AC

Property size (Sq ft)

21,648 SF

Property type

Office properties

Property subtype

Office buildings

APN

48-029-0-028.00-0

APU

480290028000

Description

This exceptional 9,350 square foot medical office building, located at 25 N Canfield Niles Rd in Austintown, Ohio, presents a unique leasing opportunity. Built in 1974 and extensively renovated in 2020, the property offers modern amenities within a well-established medical corridor. The building is currently fully vacant, providing a blank canvas for a single tenant or the potential for multiple tenants. The flexible floor plan allows for spaces ranging from a minimum of 650 square feet to a maximum contiguous space of 2,400 square feet, catering to a variety of medical practices and sizes. The building's prime location in Austintown, Ohio, zip code 44515, ensures high visibility and convenient access for patients and staff. This is an excellent opportunity to establish or expand a medical practice in a thriving community. The property's recent renovation ensures modern infrastructure and systems are in place, minimizing upfront capital expenditures. With its ample square footage and adaptable layout, this medical office building is ideally suited for a range of healthcare providers seeking a well-maintained and strategically located space. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $4,116,954

  6.5%

  $3,800,266

  7%

  $3,528,818

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,024,954

  Geo Method

  $2,024,954

• Alternative Use

  Use

  Valuation

  Residential

  $4,712,330

  Hospitality

  $4,316,468

  Educational

  $3,591,251

  Medical

  $3,714,760

  Retail

  $5,586,390

Location Insight

City

Youngstown

County

Mahoning

State

Ohio

Latitude

41.1007

Longitude

-80.7624

CBSA code

49660

CBSA name

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

Property Tax & Assessments

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