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    516 48Th St Ashtabula, OH 44004

    For Sale
    $85,000

    Huge Warehouse, Great Location, $85k

    Property size:
    8,736 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 8,736 square foot industrial property located at 516 W 48th Street in Ashtabula, Ohio, presents a unique investment opportunity. Situated on a 0.16-acre lot, this building boasts impressive features ideal for a variety of uses. The high ceilings, measuring 15 feet, provide ample vertical space for storage or specialized equipment. A significant advantage is the 20-foot garage door positioned at the front of the building, ensuring easy access for large vehicles and equipment. The substantial basement extends the full length of the structure, offering additional storage or potential for expansion. The property's location in Ashtabula offers convenient access to transportation routes and local amenities. This is a rare opportunity to acquire a versatile industrial space at an attractive price point. The seller is motivated and willing to cooperate with prospective buyers. Interested parties should contact the designated point of contact for further details and to schedule a viewing. This property is being sold "as is." All interested parties are responsible for conducting their own due diligence. Don't miss this chance to own a substantial industrial property in a growing area.

    Property Features for 516 48Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,736 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1926
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashtabula
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.7878
    Latitude
    41.86361

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    FAQs

    What type of property is this?
    Commercial real estate - Huge Warehouse, Great Location, $85k
    Where is this commercial real estate located?
    The property is located at 516 48Th St Ashtabula, OH.
    What is the asking price?
    The asking price for this property is $85,000.
    (888) 974-7253
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    516 48Th St Ashtabula, OH 44004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    516 48Th St Ashtabula, OH 44004
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