1974 Warren Ave, Niles, OH
Commercial property featuring office, storage, and residential rental units.
- Added:
- Apr 15, 2025
- Days on Market:
- 426
- Last Refresh:
- May 20 at 8:27 pm
Property Features for 1974 Warren Ave
General Information
- Standard status
- Active
- Size
- 3,696 SF
- Lot size
- 1.24 Acres
- Property subtype
- FLEX_R_AND_D
Listing agent Shea MacMillan License #SAL.2023005004 (330) 360-9299
Listing office Platz Realty Group (330) 757-4889
Listing date Apr 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
- Passive income from rental units
- Commercial property with office/showroom
- Multiple structures for storage on 2+ acres
- Two rented residential houses included
- Three drive‑in doors for commercial use
- Reduced price
Overview
Local Financial Insights For Industrial
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 | $23.7k | $6.41 |
| − Vacancy | −$2.0k | −$0.54 |
| EGI | $21.7k | $5.87 |
| − OpEx | −$6.5k | −$1.76 |
| NOI | $15.2k | $4.11 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Twisted Dish, LLC — home office only, 1010 w 3rd st, niles, oh 44446
Location Insight
- Map
- Local Demand
- City
- Niles
- County
- Trumbull
- State
- Ohio
- Longitude
- -80.7842
- Latitude
- 41.1876
