Lowellville Office Building For
151 2nd St Lowellville, OH
For Sale
Contact for pricing
Office building in Lowellville, OH, move-in ready.
Property Size3,014 SF
Lot Size0.19 Acres
Price / SF$131.06
Days on Market471
Property Features for 151 2nd St
General Information
Standard status
Active
Size
3,014 SF
Lot size
0.19 Acres
Property subtype
OFFICE
Listing Agency:
Platz Realty Group
(501) 269-3827
Listed By:
Don Thomas
(501) 269-3827
Source:
Moodyscre
Added: Apr 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:06AM
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 office building is located in Lowellville, OH. The building has been recently remodeled and has no deferred maintenance. The property is move-in ready. It is conveniently located for Mahoning and Trumbull Counties and has close proximity to Pennsylvania. Adjacent extra land and a warehouse are also available for sale. The property size is 3014 square feet.
Key Highlights
- Office building in Lowellville, OH.
- Move‑in ready condition eliminates immediate renovation costs.
- Newer remodel indicates modern features and updated systems.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.1k | $15.96 |
| − Vacancy | −$9.6k | −$3.19 |
| EGI | $38.5k | $12.77 |
| − OpEx | −$9.6k | −$3.19 |
| NOI | $28.9k | $9.58 |
3,014 SF · lease $15.96/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$412.3K
$360.8K – $481.0K
NOI $28,862 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$568.8K
$497.7K – $663.6K
NOI $39,814 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building in Lowellville, OH, move-in ready.
Where is this office building located?
The property is located at 151 2nd St Lowellville, OH.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Office building in Lowellville, OH.; Move‑in ready condition eliminates immediate renovation costs.; Newer remodel indicates modern features and updated systems.
