Retail Investment Property For
1716-1728 S Raccoon Rd Youngstown, OH
For Sale
Contact for pricing
Multi-tenant investment property with frontage on Raccoon Rd and New Rd.
Property Size8,700 SF
Lot Size1.09 Acres
Price / SF$45.86
Days on Market471
Property Features for 1716-1728 S Raccoon Rd
General Information
Standard status
Active
Size
8,700 SF
Lot size
1.09 Acres
Property subtype
RETAIL
Listing Agency:
Platz Realty Group
(501) 551-3817
Listed By:
Adam Divelbiss
(501) 551-3817
Source:
Moodyscre
Added: Apr 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:33AM
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 multi-tenant investment property is located in Austintown, OH. The property has frontage on Raccoon Rd and New Rd, offering great street access. It features ample parking and is situated adjacent to Huntington Bank. The property contains 8,700 square feet. Financial information is available with a signed non-disclosure agreement.
Key Highlights
- Multi‑tenant investment property
- Frontage on Raccoon Rd and New Rd
- Adjacent to Huntington Bank
Financial Insights For Retail
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 | $52.2k | $6.00 |
| − Vacancy | −$13.1k | −$1.50 |
| EGI | $39.2k | $4.50 |
| − OpEx | −$11.7k | −$1.35 |
| NOI | $27.4k | $3.15 |
8,700 SF · lease $6.00/SF/yr · vacancy 25.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$391.5K
$342.6K – $456.8K
NOI $27,405 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.64M
$1.44M – $1.92M
NOI $114,924 @ 7.0% cap · market cap 28.80%
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?
Strip mall - Multi-tenant investment property with frontage on Raccoon Rd and New Rd.
Where is this strip mall located?
The property is located at 1716-1728 S Raccoon Rd Youngstown, OH.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Multi‑tenant investment property; Frontage on Raccoon Rd and New Rd; Adjacent to Huntington Bank
