Auto Shop With Service
For Sale
$899,900
2821 Garland St, Niles, OH 44446
The building combines operational areas with offices, retail space, a waiting area, break room, and restrooms.
Property Size13,000 SF
Price / SF$69.22
Days on Market85
Property Features for 2821 Garland St
General Information
Standard status
Active
Size
13,000 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
20 ft
Drive-In Doors
12
Amenities
20+ foot ceilings
oil change bays
two large service areas
12 overhead doors
private offices
retail space
waiting area
break room
restrooms
Building Details
Year Built
1959
Buildings
1
Building Size
13,000 SF
Listing Agency:
Altobelli Real Estate
Listed By:
Jason J Altobelli · License #443779
(330) 652-0200
Source:
Theacclaimedrealty
Added: Jul 21
Changed: Oct 7
Last Checked: Oct 7 at 4:30PM
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 Altobelli Real Estate
Investment Insights
Based on property information with market context.
This 13,000-square-foot commercial building is configured for automotive service and related operations. The property includes oil change bays, two large service areas, and 12 overhead doors ranging from 12 to 20 feet in height. Interior features include private offices, a retail area, waiting area, break room, and restrooms. Ceiling heights exceed 20 feet, providing substantial vertical clearance for vehicles and equipment.
The building is located near SR422, with SR11 and SR46 also nearby. Surrounding retail includes Walgreens, Dunkin, McDonald's, and Dollar General. Built in 1959, the property offers a combination of automotive work areas, administrative space, and customer-facing areas within one commercial facility.
The building is located near SR422, with SR11 and SR46 also nearby. Surrounding retail includes Walgreens, Dunkin, McDonald's, and Dollar General. Built in 1959, the property offers a combination of automotive work areas, administrative space, and customer-facing areas within one commercial facility.
Key Highlights
- 13,000‑square‑foot commercial building
- 12 overhead doors ranging from 12 to 20 feet in height
- Ceiling heights exceed 20 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,867
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,297,340
$1.3M
Cap Rate 7%
$926,671
$926.7K
Cap Rate 9%
$720,744
$720.7K
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$83.3K $6.41/SF
− Vacancy
−$7.0K −$0.54/SF
EGI
$76.3K $5.87/SF
− OpEx
−$11.4K −$0.88/SF
NOI
$64.9K $4.99/SF
Area
Trumbull County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,297,340
Cap Rate 7%
$926,671
Cap Rate 9%
$720,744
Alternative Uses
Best Use
Retail
$1.79M
$1.57M – $2.09M
NOI $125,536 @ 7.0% cap · market cap 13.95%
Second Best
Warehouse
$926.7K
$810.8K – $1.08M
NOI $64,867 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,723 @ 7.0% cap · market cap 19.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
20 ft
Clear height
12
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44446, OH
20,173
Population
10,476
Households
1.9
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
14.0 sq mi
ZIP Area
1,441
Density / Sq Mi
$49,779
Median Household Income
$35,596
Median Earnings
$786
Median Rent
$108,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Auto shop - The building combines operational areas with offices, retail space, a waiting area, break room, and restrooms.
Where is this auto shop located?
The property is located at 2821 Garland St Niles, OH.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 13,000‑square‑foot commercial building; 12 overhead doors ranging from 12 to 20 feet in height; Ceiling heights exceed 20 feet
