151 2nd St, Lowellville, OH
Office building in Lowellville, OH, move-in ready.
- Added:
- Apr 15, 2025
- Days on Market:
- 425
- Last Refresh:
- May 20 at 8:02 pm
Property Features for 151 2nd St
General Information
- Standard status
- Active
- Size
- 3,014 SF
- Lot size
- 0.19 Acres
- Property subtype
- OFFICE
Properties For Sale
at 151 2nd St Contact usListing agent Don Thomas (501) 269-3827
Listing office Platz Realty Group (501) 269-3827
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
- Office building in Lowellville, OH.
- Move‑in ready condition eliminates immediate renovation costs.
- Newer remodel indicates modern features and updated systems.
- Convenient location for Mahoning and Trumbull Counties.
- Close proximity to PA expands potential customer or employee base.
- Adjacent extra land + warehouse also available for sale provides expansion opportunities.
Overview
Local Financial Insights For Office B
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 | $48.1k | $15.96 |
| − Vacancy | −$9.6k | −$3.19 |
| EGI | $38.5k | $12.77 |
| − OpEx | −$9.6k | −$3.19 |
| NOI | $28.9k | $9.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lowellville
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.5342
- Latitude
- 41.0371