Property profile

531 Main St Niles, OH 44446

OFF-MARKET
Commercial land
Property ID
US66-1471935
0.19 ac lot
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a vacant 0.19-acre lot ideally situated on North Main Street in the vibrant city of Niles, Ohio. Priced affordably at $69,900, this mixed-use property offers significant potential for a variety of development projects. The property's location on Main Street ensures high visibility and accessibility, making it an attractive prospect for businesses seeking a prominent presence in the community. The vacant nature of the lot allows for complete design flexibility, catering to diverse development plans. Furthermore, the availability of owner financing makes this an even more compelling proposition for prospective buyers, simplifying the acquisition process and potentially reducing upfront capital requirements. This presents a rare chance to acquire a strategically located parcel in a thriving area, offering substantial returns on investment for the discerning developer or investor. The property's zoning and permitted uses should be independently verified by the prospective buyer. Don't miss this opportunity to secure a prime piece of Niles real estate. Serious inquiries only.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.19 ac (8,276 SF)
APN 25-343801
UPID US66-1471935

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

531 Main St Niles, OH 44446-5132
Niles metro Census 932801 YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2018
4 recorded transactions
2018
$10,400
2013
Price N/A
2012
Price N/A
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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