Multi-Tenant Office
For Sale
Contact for pricing
8261 Market St, Youngstown, OH 44512
Office property with multiple tenant areas and units available for occupancy.
Property Size6,072 SF
Price / SF$125
Days on Market549
Property Features for 8261 Market St
General Information
Standard status
Active
Size
6,072 SF
Property subtype
OFFICE
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Platz Realty Group
(330) 757-4889
Listed By:
Shea MacMillan · License #SAL.2023005004
(330) 360-9299
Source:
Moodyscre
Added: Apr 15, 2025
Changed: Oct 15
Last Checked: Oct 15 at 2:11AM
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
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Investment Insights
Based on property information with market context.
This 6,072-square-foot office building is configured for multiple tenants and includes available units. The property may also accommodate an owner-user arrangement with additional office areas available for lease.
Located at 8261 Market St in Youngstown, the building is just north of Mercy Health Boardman Campus and near the Western Reserve corridor.
Located at 8261 Market St in Youngstown, the building is just north of Mercy Health Boardman Campus and near the Western Reserve corridor.
Key Highlights
- 6,072‑square‑foot multi‑tenant office building
- Available units provide additional occupancy options
- Potential owner‑user configuration with other office areas available for lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,145
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,900
$1.2M
Cap Rate 7%
$830,643
$830.6K
Cap Rate 9%
$646,056
$646.1K
Market Conditions
NOI Build-Up for 6,072 SF
Gross rent
$96.9K $15.96/SF
− Vacancy
−$19.4K −$3.19/SF
EGI
$77.5K $12.77/SF
− OpEx
−$19.4K −$3.19/SF
NOI
$58.1K $9.58/SF
Area
Mahoning County, OH
Vacancy
20.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,900
Cap Rate 7%
$830,643
Cap Rate 9%
$646,056
Alternative Uses
Best Use
Office B
$830.6K
$726.8K – $969.1K
NOI $58,145 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,209 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
Business Placement
Demographics for 44512, OH
33,282
Population
15,770
Households
2.1
Avg Household Size
44
Median Age
35%
College-Educated
94%
High-School Grad
17.0 sq mi
ZIP Area
1,958
Density / Sq Mi
$62,311
Median Household Income
$38,828
Median Earnings
$788
Median Rent
$158,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Office property with multiple tenant areas and units available for occupancy.
Where is this office building located?
The property is located at 8261 Market St Youngstown, OH.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: 6,072‑square‑foot multi‑tenant office building; Available units provide additional occupancy options; Potential owner‑user configuration with other office areas available for lease
