5437 Mahoning AveYoungstown, OH 44515

  • Office buildings
  • 17,592 SF
For Lease
$9/SF/YR View listing

Property Details for 5437 Mahoning Ave

Year built
1977
Lot size
1.08 AC
Property size (Sq ft)
17,592 SF
Property type
Office buildings
APN
48-017-0-038.00-0
APU
480170038000

Description

This well-maintained three-story brick medical office building, located at 5437 Mahoning Ave in Youngstown, Ohio, offers 17,592 square feet of space. Currently, 1,900 square feet is available for lease. The building features a spacious two-story entry lobby with an elevator, restrooms, and vending machines. It houses a mix of medical and professional office tenants, providing a diverse and established environment. The property boasts ample parking with 62 spaces available for tenants and visitors. Its strategic location provides excellent freeway access to major transportation arteries, including I-80, I-76, I-680, the Ohio and Pennsylvania Turnpikes, and State Route 11, ensuring convenient commutes for both staff and clients. The building is situated in Mahoning County, Ohio, with a zip code of 44515. This presents a unique opportunity for medical practices or related businesses seeking a well-established and easily accessible location in Youngstown. The building's multiple tenancy structure offers a thriving and collaborative atmosphere.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,345,596
    6.5%
    $3,088,242
    7%
    $2,867,654
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,645,556
    Geo Method
    $1,645,556
  • Alternative Use

    Use
    Valuation
    Residential
    $3,829,421
    Hospitality
    $3,507,729
    Educational
    $2,918,389
    Medical
    $3,018,757
    Retail
    $4,539,716

Location Insight

City
Youngstown
County
Mahoning
State
Ohio
Latitude
41.0991
Longitude
-80.7611
CBSA code
49660
CBSA name
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,058
$62,310
$284,580
$346,890
-
$178,040
$813,090
$991,130

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