Freestanding Retail
For Sale
Contact for pricing
3454 Youngstown Rd SE, Warren, OH 44484
Freestanding retail building with a drive-in door and ample parking, located with visibility on Youngstown Rd.
Property Size7,559 SF
Price / SF$125.68
Days on Market411
Property Features for 3454 Youngstown Rd SE
General Information
Standard status
Active
Size
7,559 SF
Property subtype
RETAIL
Additional Details
Drive-In Doors
1
Listing Agency:
Platz Realty Group
(330) 757-4889
Listed By:
Bill Kutlick
(330) 565-5701
Source:
Moodyscre
Added: Jul 29, 2025
Changed: Aug 13
Last Checked: Sep 11 at 11:38AM
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
Investment Insights
Based on property information with market context.
This freestanding retail building was formerly an Advance Auto location and includes one drive-in door. The property is configured as a street-access retail storefront with available space for sale or lease.
The building offers great visibility on Youngstown Rd (US 422) and is close to the Eastwood Mall complex. It also includes lots of on-site parking, supporting convenient customer access.
For buyers and tenants evaluating retail space along Youngstown Rd, this property provides a straightforward, standalone footprint with parking and a drive-in feature.
The building offers great visibility on Youngstown Rd (US 422) and is close to the Eastwood Mall complex. It also includes lots of on-site parking, supporting convenient customer access.
For buyers and tenants evaluating retail space along Youngstown Rd, this property provides a straightforward, standalone footprint with parking and a drive-in feature.
Key Highlights
- Freestanding retail building with 1 drive‑in door
- Ample on‑site parking
- Great visibility on Youngstown Rd (US 422)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,995
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,459,900
$1.5M
Cap Rate 7%
$1,042,786
$1.0M
Cap Rate 9%
$811,056
$811.1K
Market Conditions
NOI Build-Up for 7,559 SF
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.
Gross rent
$108.8K $14.40/SF
− Vacancy
−$4.6K −$0.60/SF
EGI
$104.3K $13.80/SF
− OpEx
−$31.3K −$4.14/SF
NOI
$73.0K $9.66/SF
Area
Trumbull County, OH
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,459,900
Cap Rate 7%
$1,042,786
Cap Rate 9%
$811,056
Alternative Uses
Best Use
Retail
$1.04M
$912.4K – $1.22M
NOI $72,995 @ 7.0% cap · market cap 7.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.26M – $1.67M
NOI $100,432 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 79%
Shops & Services 21%
Dunkin' Donuts
Dining
12,016 visits/mo
0.1 miles
Gerber Collision & Glass
Shops & Services
1,443 visits/mo
0.3 miles
Enterprise Rent-A-Car
Shops & Services
1,222 visits/mo
0.3 miles
Extra Space Storage
Shops & Services
519 visits/mo
0.3 miles
China Star
Dining
269 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail building with a drive-in door and ample parking, located with visibility on Youngstown Rd.
Where is this storefront property located?
The property is located at 3454 Youngstown Rd SE Warren, OH.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Freestanding retail building with 1 drive‑in door; Ample on‑site parking; Great visibility on Youngstown Rd (US 422)
