3309 Mahoning AveYoungstown, OH 44509

  • Strip malls
  • 72,735 SF

Property Details for 3309 Mahoning Ave

Year built
1954
Lot size
10.29 AC
Property size (Sq ft)
72,735 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
53-169-0-221.00-0
APU
531690221000

Description

This exceptional retail opportunity is located at 3309 Mahoning Avenue in Youngstown, Ohio, 44509. The property offers three available spaces ranging in size from 1,100 square feet to 5,330 square feet, providing flexibility for various retail businesses. The building is situated in a high-traffic area with excellent visibility, benefiting from strong co-tenancy. Current occupants include well-established businesses such as O'Reilly Auto Parts, Dollar General, Rent-A-Center, Holistic Health, Yankee Trading Post, and Jamboree Dental, creating a vibrant and diverse retail environment. This location offers significant potential for growth and success due to its established customer base and convenient access for shoppers. The property is classified as a multi-tenant retail building. The exact total square footage of the building is not currently available. This prime retail space presents a unique opportunity to establish or expand your business in a thriving commercial area of Youngstown. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property's address is 3309 Mahoning Ave, Youngstown, OH 44509.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $20,333,824
    6.5%
    $18,769,684
    7%
    $17,428,992
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,145,152
    Geo Method
    $17,145,152
  • Alternative Use

    Use
    Valuation
    Residential
    $15,832,931
    Hospitality
    $14,502,879
    Educational
    $12,066,225
    Medical
    $12,481,201
    Retail
    $18,769,684

Location Insight

City
Youngstown
County
Mahoning
State
Ohio
Latitude
41.1021
Longitude
-80.7089
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
$53,580
$150,610
$594,880
$745,490
-
$430,300
$1,699,650
$2,129,950

FAQs

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