3602 Mahoning AveYoungstown, OH 44509

Property Details for 3602 Mahoning Ave

Year built

2017

Lot size

1.22 AC

Property size (Sq ft)

4,050 SF

Property type

Grocery and convenience stores

APN

48-023-0-134.00-0

APU

480230134000

Description

This 1,500 square foot retail space is located at 3602 Mahoning Avenue, situated on the corner of Mahoning Avenue and Meridian Road. Built in 2017, this Class B property offers a single-tenant occupancy in a high-traffic area. The building features a modern glass storefront, providing excellent visibility for potential businesses. Convenient front door parking is available for customers and employees. The property sits on a 1.22-acre lot and is zoned B-2, allowing for a variety of retail uses. Its prime location offers excellent exposure, positioned inline with established businesses such as BP and Walgreens, ensuring high foot traffic and visibility. The single-story building was constructed in 2017 and is identified by APN 48-023-0-134.00-0 in Mahoning County. This property presents a unique opportunity for businesses seeking a high-visibility location with ample parking and convenient access. The property's modern design and strategic location make it an ideal investment for a variety of retail ventures. The building's single-tenant occupancy provides a straightforward and manageable investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,132,220

  6.5%

  $1,045,126

  7%

  $970,474

• Comparable approach

  Method

  Valuation

  Relative Method

  $954,669

  Geo Method

  $954,669

• Alternative Use

  Use

  Valuation

  Residential

  $881,603

  Hospitality

  $807,543

  Educational

  $671,867

  Medical

  $694,973

  Retail

  $1,045,126

Location Insight

City

Youngstown

County

Mahoning

State

Ohio

Latitude

41.1033

Longitude

-80.7117

CBSA code

49660

CBSA name

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

Property Tax & Assessments

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