Building Details

Year Built 1996

Stories 2

Listing Agency: CENTURY 21 Lakeside Realty

Listed By: Michael Drew · License #2016004500 Show Phone

Source: Theacclaimedrealty

Added: Aug 18 Changed: Sep 11 Last Checked: Oct 6 at 12:41AM

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Investment Insights

Based on property information with market context.

Built in 1996, this 2,359-square-foot flex property provides a combination of office, workshop, and open-use areas. The ground floor includes a reception and office component alongside a garage/workshop area equipped with 10-foot doors.

An open second-floor area adds flexibility for office or storage use. The property occupies a corner location at 3345 Youngstown Rd SE in Warren, Ohio, offering a practical layout for businesses requiring both administrative and work-oriented space.

Key Highlights

• 2,359‑square‑foot flex property built in 1996
• Corner commercial location at 3345 Youngstown Rd SE, Warren, OH 44484
• First floor includes reception and office areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,731

Cap Rate

6.50%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$454,620 $454.6K

Cap Rate 7%

$324,729 $324.7K

Cap Rate 9%

$252,567 $252.6K

Market Conditions

NOI Build-Up for 2,359 SF

Gross rent

$37.6K $15.96/SF

− Vacancy

−$7.3K −$3.11/SF

EGI

$30.3K $12.85/SF

− OpEx

−$7.6K −$3.21/SF

NOI

$22.7K $9.64/SF

Area

Trumbull County, OH

Vacancy

19.50%

Lease Rate

$15.96 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$454,620

Cap Rate 7%

$324,729

Cap Rate 9%

$252,567

Alternative Uses

Best Use

Office B

$324.7K

$284.1K – $378.9K (±1% cap)

NOI $22,731 @ 7.0% cap · market cap 6.50%

Second Best

Warehouse

$168.2K

$147.1K – $196.2K (±1% cap)

NOI $11,771 @ 7.0% cap · market cap 3.36%

Theoretical Best

Office A

$447.8K

$391.8K – $522.4K (±1% cap)

NOI $31,343 @ 7.0% cap · market cap 8.96%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Nardos Auto Sales Car Dealership

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Restaurant Nail Salon Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

263

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 44484, OH

22,290

Population

9,929

Households

2.2

Avg Household Size

46

Median Age

26%

College-Educated

93%

High-School Grad

17.9 sq mi

ZIP Area

1,245

Density / Sq Mi

$65,435

Median Household Income

$42,490

Median Earnings

$840

Median Rent

$166,100

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Corner commercial property combining office areas, workshop space, and adaptable upper-level storage or workspace.

Where is this flex space located?

The property is located at 3345 Youngstown Rd SE Warren, OH.

What is the asking price?

The asking price for this property is $349,900.

What are key features of this property?

This property features: 2,359‑square‑foot flex property built in 1996; Corner commercial location at 3345 Youngstown Rd SE, Warren, OH 44484; First floor includes reception and office areas