7000 TiffanyBoardman, OH 44512

  • Retail properties
  • 6,220 SF
For Lease

Property Details for 7000 Tiffany

Year built
1994
Lot size
1.78 AC
Property size (Sq ft)
6,220 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
30-054-0-014.01-0
APU
300540014010

Description

This exceptional freestanding restaurant building offers 6,220 square feet of space situated on a generous 1.77-acre lot in Boardman, Ohio. Currently vacant, this property presents a unique opportunity for a restaurant operator seeking a high-visibility location. The building enjoys excellent access from Boardman Poland Road, benefiting from signalized access and high daily traffic counts exceeding 31,000 vehicles. Its strategic location directly off Interstate 680 places it within a thriving hotel cluster, ensuring a built-in customer base. The surrounding area boasts a strong demographic profile, with over 100,000 residents within a five-mile radius, exhibiting average household incomes exceeding $64,000. The property is located at 7000 Tiffany South, Boardman, OH 44512, in Mahoning County. The entire building is available for lease, providing ample space for a variety of restaurant concepts. This is an ideal opportunity to establish a successful restaurant business in a high-traffic, densely populated area with strong consumer spending power. The property's size and location make it suitable for a wide range of restaurant types.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,738,866
    6.5%
    $1,605,107
    7%
    $1,490,456
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,466,183
    Geo Method
    $1,466,183
  • Alternative Use

    Use
    Valuation
    Residential
    $1,353,968
    Hospitality
    $1,240,227
    Educational
    $1,031,854
    Medical
    $1,067,341
    Retail
    $1,605,107
7000 Tiffany, Boardman, Ohio

Location Insight

City
Poland
County
Mahoning
State
Ohio
Latitude
41.0224
Longitude
-80.6306
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
$23,922
$176,220
$193,220
$369,440
-
$503,480
$552,060
$1,055,540

FAQs

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