1528 Mahoning Ave, Youngstown, OH
Retail property with apartment and heated garage near I-680.
- Added:
- Jan 15, 2025
- Days on Market:
- 523
- Last Refresh:
- May 20 at 8:23 pm
Property Features for 1528 Mahoning Ave
General Information
- Standard status
- Active
- Size
- 2,258 SF
- Lot size
- 0.08 Acres
- Property subtype
- RETAIL
Listing agent Shea MacMillan License #SAL.2023005004 (330) 360-9299
Listing office Platz Realty Group (330) 360-9299
Listing date Jan 15, 2025
Source Moodyscre
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
HighLights
- Across from Fellows Riverside Gardens
- Great access off I‑680
- Second floor apartment
- Heated garage and rear parking
- Former flower shop with a walk‑in cooler
Overview
Local 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 | $13.5k | $6.00 |
| − Vacancy | −$3.4k | −$1.50 |
| EGI | $10.2k | $4.50 |
| − OpEx | −$3.0k | −$1.35 |
| NOI | $7.1k | $3.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Youngstown
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.6789
- Latitude
- 41.1019
