201 Mcclurg RdYoungstown, OH 44512

Property Details for 201 Mcclurg Rd

Year built

1971

Lot size

2.50 AC

Property size (Sq ft)

7,200 SF

Property type

Auto shops

APN

29-035-0-006.00-0

APU

290350006000

Description

This exceptional 7,200 square foot industrial flex space, located at 201 McClurg Rd in Youngstown, Ohio, presents a unique investment opportunity. The property boasts a Class B rating and is currently vacant, offering immediate occupancy. The single-story building features a 22-foot ceiling height, five drive-in doors, and ample space for various uses. Inside, you'll find office space, two restrooms, and a mezzanine area, adding versatility to the layout. The property sits on a sizable 2.5-acre lot, complete with a fenced yard, providing ample outdoor space. Significant infrastructure includes two 10,000-gallon in-ground diesel fuel tanks equipped with pumps, a valuable asset for certain businesses. The convenient location near the YMCA and Mercy Health Hospital offers excellent visibility and accessibility. The asking price is $950,000, translating to $131.94 per square foot. This property is ideal for a variety of industrial or flex-use businesses seeking a well-equipped space in a desirable location. Don't miss this chance to acquire a substantial industrial property in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,012,835

  6.5%

  $1,858,001

  7%

  $1,725,287

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,697,190

  Geo Method

  $1,697,190

• Alternative Use

  Use

  Valuation

  Residential

  $1,567,294

  Hospitality

  $1,435,632

  Educational

  $1,194,429

  Medical

  $1,235,508

  Retail

  $1,858,001

Location Insight

City

Youngstown

County

Mahoning

State

Ohio

Latitude

40.9943

Longitude

-80.6564

CBSA code

49660

CBSA name

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

Property Tax & Assessments

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