4450 Mahoning AveYoungstown, OH 44515

Property Details for 4450 Mahoning Ave

Year built

2015

Lot size

1.05 AC

Property size (Sq ft)

8,320 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

48-026-0-067.00-0

APU

480260067000

Description

This exceptional 8,320-square-foot storefront property, located at 4450 Mahoning Avenue in Youngstown, Ohio (44515), presents a remarkable investment or owner-user opportunity. Built in 2015, this single-story, steel-constructed building sits on a one-acre lot and is zoned for commercial use. Previously occupied by a dollar store, the property is currently vacant, offering a blank canvas for a variety of retail ventures. The asking price is $950,000, translating to $114.18 per square foot. Its strategic location just west of Raccoon Road and in close proximity to State Route 11 ensures high visibility and accessibility. The expansive space allows for flexibility

• CAP approach

  CAP return

  Valuation

  6%

  $2,325,942

  6.5%

  $2,147,024

  7%

  $1,993,665

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,961,197

  Geo Method

  $1,961,197

• Alternative Use

  Use

  Valuation

  Residential

  $1,811,095

  Hospitality

  $1,658,953

  Educational

  $1,380,230

  Medical

  $1,427,698

  Retail

  $2,147,024

Location Insight

City

Youngstown

County

Mahoning

State

Ohio

Latitude

41.1021

Longitude

-80.7346

CBSA code

49660

CBSA name

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

Property Tax & Assessments

FAQs

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