Warren, Ohio Shopping
For Sale
Contact for pricing
2587 Parkman Rd NW, Warren, OH 44485
86,374 SF shopping center with value-add potential.
Property Size86,374 SF
Price / SF$21
Days on Market203
Property Features for 2587 Parkman Rd NW
General Information
Standard status
Active
Size
86,374 SF
Property subtype
Retail
Occupancy
17%
Lease Type
NN
Investment Type
Value Add
Building Details
Buildings
3
Tenancy
Multi
Listing Agency:
Goodman Real Estate Services Group LLC
(216) 381-8200
Listed By:
Kyle Hartung · License #OH SAL.2003016343
Source:
Crexi
Added: Jan 21
Changed: Aug 7
Last Checked: Aug 11 at 7:08AM
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 Goodman Real Estate Services Group LLC
Investment Insights
Based on property information with market context.
Offered for sale is Trumbull Plaza, an 86,374 square foot shopping center in Warren, Ohio. This property is a market opportunity with value-add potential. Currently 17% occupied, the property is offered at $22 per square foot. The shopping center includes Dollar Tree, Little Caesar’s Pizza, and Metro PCS. Vacancies range in size from 782 to nearly 13,000 square feet, with the opportunity to combine spaces for a larger junior anchor. The large parking field presents an opportunity to add an outlot to the property. Projections to 82% occupancy show nearly $3 million of potential value creation. The property is situated amongst a dense population base with nearby access to the Warren Outer Belt (Route 82). Nearby national tenants include Aldi, CVS, McDonald’s, PNC Bank, Autozone, O’Reilly, Dollar General, and Rite Aid.
Key Highlights
- Significant value‑add potential through increased occupancy (currently 17%).
- Opportunity to increase value by nearly $3 million with projected 82% occupancy.
- Offered at a low price of $22 per square foot.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
60k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 35%
Groceries 20%
Electronics 2%
McDonald's
Dining
16,538 visits/mo
0.3 miles
Aldi
Groceries
11,997 visits/mo
0.1 miles
Dollar Tree
Shops & Services
9,243 visits/mo
0.3 miles
Dollar General
Shops & Services
8,744 visits/mo
0.1 miles
Advance Auto Parts
Shops & Services
2,782 visits/mo
0.1 miles
Demographics for 44485, OH
15,172
Population
7,640
Households
2
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
1,945
Density / Sq Mi
$33,720
Median Household Income
$30,225
Median Earnings
$818
Median Rent
$73,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Trumbull Plaza — Parkman Rd NW, Warren, OH 44485
Frequently Asked Questions
What type of property is this?
Shopping center - 86,374 SF shopping center with value-add potential.
Where is this shopping center located?
The property is located at 2587 Parkman Rd NW Warren, OH.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Significant value‑add potential through increased occupancy (currently 17%).; Opportunity to increase value by nearly $3 million with projected 82% occupancy.; Offered at a low price of $22 per square foot.
