Retail
For Sale
Contact for pricing
1135 W Western Reserve Rd, Youngstown, OH 44514
Substantial retail space positioned near Western Reserve Road and Market Street.
Property Size42,200 SF
Price / SF$80.57
Days on Market136
Property Features for 1135 W Western Reserve Rd
General Information
Standard status
Active
Size
42,200 SF
Property subtype
RETAIL
Listing Agency:
Platz Realty Group
(330) 757-4889
Listed By:
Bill Kutlick
(330) 565-5701
Source:
Moodyscre
Added: Jun 2
Changed: Oct 6
Last Checked: Oct 12 at 7:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platz Realty Group
Investment Insights
Based on property information with market context.
This retail property encompasses 42,200 square feet at 1135 W Western Reserve Rd in Youngstown, Ohio. The site is positioned near the intersection of Western Reserve Road and Market Street, providing a defined commercial location for retail use.
Key Highlights
- 42,200 square feet of retail space
- Located at 1135 W Western Reserve Rd, Youngstown, OH 44514
- Near the intersection of Western Reserve Road and Market Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,930
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,658,600
$2.7M
Cap Rate 7%
$1,899,000
$1.9M
Cap Rate 9%
$1,477,000
$1.5M
Market Conditions
NOI Build-Up for 42,200 SF
Gross rent
$253.2K $6.00/SF
− Vacancy
−$63.3K −$1.50/SF
EGI
$189.9K $4.50/SF
− OpEx
−$57.0K −$1.35/SF
NOI
$132.9K $3.15/SF
Area
Mahoning County, OH
Vacancy
25.00%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,658,600
Cap Rate 7%
$1,899,000
Cap Rate 9%
$1,477,000
Alternative Uses
Best Use
Retail
$1.90M
$1.66M – $2.22M
NOI $132,930 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.96M
$6.97M – $9.29M
NOI $557,445 @ 7.0% cap · market cap 16.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
Business Placement
Demographics for 44514, OH
22,599
Population
10,368
Households
2.2
Avg Household Size
49
Median Age
37%
College-Educated
97%
High-School Grad
22.2 sq mi
ZIP Area
1,018
Density / Sq Mi
$80,000
Median Household Income
$45,486
Median Earnings
$973
Median Rent
$190,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Substantial retail space positioned near Western Reserve Road and Market Street.
Where is this retail space located?
The property is located at 1135 W Western Reserve Rd Youngstown, OH.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 42,200 square feet of retail space; Located at 1135 W Western Reserve Rd, Youngstown, OH 44514; Near the intersection of Western Reserve Road and Market Street
