7357 Southern BlvdYoungstown, OH 44512

Property Details for 7357 Southern Blvd

Year built

1994

Lot size

11.28 AC

Property size (Sq ft)

3,105 SF

Property type

Office properties

Property subtype

Office buildings

APN

29-031-0-002.00-0

APU

290310002000

Description

This exceptional 11.2-acre commercial land parcel presents a unique investment opportunity in Youngstown, Ohio. Located at 7357 Southern Blvd, this property boasts 850 feet of frontage on a high-traffic thoroughfare, offering excellent visibility and accessibility. Its strategic location places it just south of US 224, providing convenient access to major transportation routes. The property is ideally situated near established businesses, including Pep Boys, Harbor Freight, and Boardman Park, further enhancing its commercial appeal. The proximity to Southern Park Mall and a Get Go gas station ensures high traffic counts and a strong customer base. The property is zoned for industrial use, opening up a wide range of development possibilities. With its significant size, prime location, and high visibility, this land parcel represents a compelling investment opportunity for developers and businesses seeking a strategic foothold in a thriving commercial area. The asking price for this exceptional property is $1,000,000. The property is located in Mahoning County, Ohio, with a zip code of 44512.

• CAP approach

  CAP return

  Valuation

  6%

  $590,500

  6.5%

  $545,077

  7%

  $506,143

• Comparable approach

  Method

  Valuation

  Relative Method

  $290,442

  Geo Method

  $290,442

• Alternative Use

  Use

  Valuation

  Residential

  $675,895

  Hospitality

  $619,116

  Educational

  $515,098

  Medical

  $532,813

  Retail

  $801,263

Location Insight

City

Youngstown

County

Mahoning

State

Ohio

Latitude

41.0223

Longitude

-80.6532

CBSA code

49660

CBSA name

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

Property Tax & Assessments

FAQs

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